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• U.S. Home Loan Demand Falls, Interest Rates Rise
Turks.US - Last week, U.S. mortgage applications fell. According to an industry trade, this reflects a decline in home refinancing loans while interest rates climbed. The Mortgage Bankers Association (full story)
Higher rates may not hurt housing
Inland Valley Daily Bulletin - Mortgage rates are still climbing, but that may not be enough to significantly change the housing market. That's the word after a survey by Freddie Mac and bankrate.com (full story)