Wednesday, June 27, 2007

US mortgage applications fell in last week-MBA

(Reuters) - Borrowing costs on 30-year fixed-rate mortgages, excluding
fees, averaged 6.60 percent, unchanged from the previous week,
but near their highest since mid-2006.




The MBA's seasonally adjusted purchase index fell 4.9
percent to 428.9. The index is considered a timely gauge of
U.S. home sales.


Read more at Reuters.com Bonds News

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