Mortgage applications sink to 8-year low (Reuters)

Filed Under (Personal Finance) by admin on 22-10-2008

A house sits for sale in North Aurora, Illinois, July 24, 2008. (Jeff Haynes/Reuters)Reuters - Demand for applications to buy U.S. homes and refinance mortgages sank to the lowest level in nearly eight years, a trade group said on Wednesday, in the heart of a financial crisis that has sapped consumer confidence.


--- Reuters ...

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