Monday, March 12, 2007

Study shows that more people are applying for home mortgages

Mortgage applications rose 3.2% the week of Feb. 19 on a seasonally adjusted basis to 626.1 from 606.6 the previous week, according to the Mortgage Bankers Association. And applications were up 8.8% on an unadjusted basis compared to the same week last year.

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