Home loan demand drops, lowest in nearly 1 year
By Julie Haviv– Wed Dec 22, 7:01 am ET
NEW YORK (Reuters) – Mortgage applications tumbled to their lowest level in nearly a year as a six-week-long rise in interest rates took a significant toll on demand, an industry group said on Wednesday.
http://news.yahoo.com/s/nm/20101222/bs_nm/us_usa_economy_mortgages;_ylt=AiAo5PKsQTfVv5_rnUh8IQGyBhIF;_ylu=X3oDMTJwcHVrM2cxBGFzc2V0A25tLzIwMTAxMjIyL3VzX3VzYV9lY29ub215X21vcnRnYWdlcwRjcG9zAzMEcG9zAzcEc2VjA3luX3RvcF9zdG9yeQRzbGsDaG9tZWxvYW5kZW1h