Fewer sales cut mortgage deals
Fewer sales cut mortgage deals - 07/01/05: "Fewer home purchases and less refinancing pushed U.S. mortgage applications down for a second week, according to a survey by the Mortgage Bankers Association.
The group's index of mortgage applications fell 1.1 percent to 778.4 in the week ended June 24.
The index of applications for loans to buy homes declined 0.4 percent to 477.4, the association said. In the week ended June 10, the measure was at a record 529.3. The gauge of applications to refinance mortgages decreased 1.8 percent last week to 2529.2. "
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posted by reslynn @ 11:26 PM
1 Comments:
There are plenty of steps you should take if you are discovering it not easy to create your home loan repayments. You should evaluate your earnings and expenses. Determine when there is ways to make additional income. Look for places where you can cut expenses. You should call your lender or servicer. Finally, speak to a housing counselor.
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