Thursday, April 29, 2004

Mortgage Bankers Association (MBA) reports on home loans

The MBA reports that real estate home loan applications for for the week ending April 23 (for home purchases) were up while real estate home loan applications for refinances were down.

In addition, the MBA reports that "The average contract interest rate for 30-year fixed-rate mortgages increased to 6.01 percent from 5.84 percent from one week earlier."

To read the press release, go here.

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