Wednesday, 27 June 2007

UPDATE 1-US home loan demand drops to four-month low - MBA

(Reuters) - NEW YORK, June 27 - U.S. mortgage applications
fell for a second straight week as interest rates remained near
recent highs, an industry group said on Wednesday.




The Mortgage Bankers Association said its seasonally
adjusted index of mortgage applications, which includes both
refinancing and purchasing loans, for the week ended June 22
fell 3.9 percent to 618.6 -- its lowest in four months.


Read more at Reuters.com Bonds News

No comments: