Summary Box: Mortgage applications down percent
MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association.

TheTruthAbout…
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First home loan applications on the rise
MORTGAGE applications by first home owners rose 2.3 per cent in the June quarter, but credit card applications fell nine per cent, credit agency says.

Christopher S. Penn
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