Wednesday, July 07, 2004

Mortgage Bankers report on home loan applications

In their weekly report on loan applications, the Mortgage Bankers Association reports that for the week ending July 2, mortgage loan applications were up about 19% over the prior week.

However, when compared to the same week last year, mortgage loan applications were down over 30%.

Refinances were up slightly over the previous week.

To read the entire press release, go here.

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