Sunday, February 12, 2012
Top Stories
Comment
Get Email Alerts!

National Digest

Published 08/20/08
Find Us On Facebook

7-year low in mortgage applications

NEW YORK - Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said today.

The fall in application volume is the latest sign of a struggling housing market. Yesterday, a Commerce Department report showed construction of homes and apartments fell in July to the lowest level in more than 17 years.

And while fewer new homes are being built, fewer customers also are refinancing existing mortgages. A sharp drop in refinance volume in recent weeks has been the leading driver of declining application...

This story has expired!
You can purchase the full text in our news archives.

Copyright © Capital Gazette Communications LLC, 2012.
See our Privacy Policy and Terms of Use
YOUR COMMENTS

If you encounter other problems, please email nlundskow@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

In order to post or vote on a comment, you must be signed in with a hometownannapolis account.

Take a look at a summary of Commenting Guidelines.

LOGIN TO POST A COMMENT

If you encounter other problems, please email nlundskow@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

Username: Password:
Forgot your username? Forgot your password? Create an account
LOGIN
Facebook click
Twitter click
MDGazette click
HometownBowie click
video
video
Walker Babington, the Burning Man
video
video
Navy Sports Chat - football wrap up
video
video
Navy blimp lands at Lee Airport
video
video
Navy Sports Chat - Army Navy football preview
video
video
Singer Suzy Estrada
video
video
Fatal Kent Island fire

• BUY PHOTOS & VIDEO>>


slideshow
slideshow
Daddy Daughter Dance
slideshow
slideshow
MIAA Wrestling Championship
slideshow
slideshow
Navy vs VMI lacrosse
slideshow
slideshow
Home of the Week: Vicki Meade & Pat O'Connell
slideshow
slideshow
Anne Arundel Swim Championships
slideshow
slideshow
Wednesday to Wednesday, Feb. 1-8, 2012
#1 - Ten vie for Jones' council seat
#2 - Blue ribbon pairing
#3 - Home of the Week: Presidents Hill couple gets it 'write'
#4 - Arundel Digest
#5 - Winter dredge survey checks crab population
#6 - Dwyer joins same-sex marriage debate
#7 - Baltimore police: Public can record officers
#8 - Police Beat for Feb. 10
#9 - 'One more nail in the coffin for small business'
#10 - Guest Column: Local housing market victim of 'Fear Factor'
#1 - English county's official language? (19 comments)
#2 - Right Stuff: Judge O'Malley's decision (14 comments)
#3 - Animal Control: Injured pit bull used as 'bait dog' (12 comments)
#4 - Anne Arundel cracks down on land use offenses (7 comments)
#5 - Bates gets $1M grant for gym, theater (7 comments)
Advertisement
Advertise
Archive
Blogs
Calendar
Comments
Contact us
Cookbook
Slideshows
Video
AP Video
SUBMIT INFO:
Anniversary
Band info
Birth
Calendar event
Engagement
Letter
Obituary
Wedding
Share Ideas