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Economy - Wednesday (Investor's Business Daily)

Started by riky, March 20, 2008, 02:01:19 AM

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riky

Economy - Wednesday
    (Investor's Business Daily)

 


Investor's Business Daily - The applications index fell 2.9% to 652 during the week ended March 14, the lowest in '08, said the Mortgage Bankers Association. Refinance volume slid 4.6%, while applications for buying a home fell 1%. The declines came despite a sharp drop in fixed-rate mortgage rates. Adjustable rates continued to soar.


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