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Mortgage Applications Fall


Creative Commons License photo credit: Frau Böb

We all know that when the housing prices rise it can be a sign that the market is starting to turn around, but the negative effects are that more people cant afford the prices and fewer people apply for loans. Interest rates are another factor in a decline of mortgage loan applications. Last week mortgage loan applications fell as interest rates started to climb. Applications to refinance homes also saw a decline.

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Posted on September 13, 2010 16:12:21 by Blog Author Scott.Shields
Scott.Shields
View my profile http://www.metrobrokerstv.com/mortgage-applications-fall

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