(Reuters) - A rise in applications to buy homes was overshadowed by the
drop in refinancing applications.
The MBA's seasonally adjusted purchase index rose 1.5
percent to 433.6 but the refinancing gauge fell 6.1 percent to
1,757.1 in the June 1 week. The refinancing measure has not
been lower since 1,640.4 at the end of last year.
Read more at Reuters.com Bonds News
drop in refinancing applications.
The MBA's seasonally adjusted purchase index rose 1.5
percent to 433.6 but the refinancing gauge fell 6.1 percent to
1,757.1 in the June 1 week. The refinancing measure has not
been lower since 1,640.4 at the end of last year.
Read more at Reuters.com Bonds News
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