U.S. mortgage applications tumbled as potential buyers across the country ignored falling borrowing rates and stayed on the sideline due to still-high home prices.
Mortgage Demand Drops as Potential Buyers Ignore Falling Rates and Stay on Sidelines
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The Mortgage Bankers Association (MBA) announced that applications for home loans have dropped. Photos.com
By Bryan Jung
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Bryan Jung
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Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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