U.S. MBA's Mortgage Applications Index Increased 1.3% Last Week (Bloomberg.com)
Story date: 2007-09-05 04:18:53
Added on: 2007-09-05 08:00:18
Sept. 5 (Bloomberg) -- Mortgage applications in the U.S. rose from a one-month low last week led by a gain in refinancing. The Mortgage Bankers Association's index of applications to buy a home or refinance a loan rose 1.3 percent last week to 622.9 from 615.2. The group's purchase index also rose.
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