Mortgage applications edge higher, rates plunge (Washington Post)
Story date: 2007-10-24 04:23:59
Added on: 2007-10-24 13:53:12
NEW YORK (Reuters) - Mortgage applications barely advanced last week even as interest rates sank to their lowest levels since May, an industry group said on Wednesday, largely reflecting the increasing difficulty borrowers face to obtain a loan as banks tighten lending standards.
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