Wednesday, June 20, 2007

Mortgage applications drop

(Reuters) - The Mortgage Bankers Association's mortgage application index slid 3.4 percent to a seasonally adjusted 643.7 in the week ended June 15.




The drop in applications piled on to reports from the country's builders and the government this week suggesting any sustained housing rebound could be next year's business.


Read more at Reuters.com Business News

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