Friday, October 10, 2008

Mortgage Applications Edge Up

Investor's Business Daily (10/09/08) P. A2
Home-loan application volume bumped up 2.2 percent for the week ended Oct. 3, reports the Mortgage Bankers Association. The group's weekly index reflected a 3.2-percent gain in demand for purchase loans, with the Federal Housing Administration's share of the pie steadily increasing. Requests for refinancing, meanwhile, drifted up 0.9 percent.

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