A drop in interest rates last week did nothing to juice refinances, which are usually very rate-sensitive. » Read More
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Applications to refinance a loan and to purchase a home fell last week, as interest rates maintained a slow climb.
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The nation's largest lender, Wells Fargo, is offering a new mortgage with a 3 percent down payment requirement. What gives?
Slightly higher mortgage rates did not deter homebuyers looking for a loan last week.
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