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Wednesday December 29, 04:19
Applications for U.S. home mortgages fell, mortgage rates rose to 5.72%
(by Mark Riley)

Applications for U.S. home mortgages fell, mortgage rates rose to 5.72%

Last week applications for U.S. home mortgages fell 1.7% to 677.4. The MBA’s seasonally adjusted index of refinancing applications fell almost 8% to 1,803.9.The MBA’s purchase index rose 2.7% to 483.8.

Fixed 30-year mortgage rates rose to 5.72% from 5.69% the prior week.

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Read the related news and articles:
19 May 2005 03:01 PM U.S. mortgage rates fell to 5.71% last week: Freddie Mac
19 May 2005 07:50 AM Regulators prepare new guidelines on credit-risk management of first-time mortgages
19 May 2005 07:48 AM Letters of credit increasingly used to finance property investment
18 May 2005 01:32 PM U.S. home mortgage applications tumbled 10.5%
17 May 2005 02:43 PM ARMs and interest-only mortgages take over mortgage market
 


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