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Home loans dip as mortgage rates tick up

Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.

Mortgage lending down 1.5 pct as rates inch up

Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades. The Mortgage Bankers Association says overall applications fell 1.5 percent from a week earlier. Applications to refinance home loans fell 3.1... Mortgage - Mortgage Bankers Association - Refinancing - Financial Services - Business

Summary Box: Mortgage lending falls 1.5 pct

MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.

Avg. mortgage rate up to 4.35 pct. off decades-low

Mortgage rates mostly edged up last week as investors' fears about the economy eased.

Mortgage lending down as rates inch up

Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades. The Mortgage Bankers Association says overall applications fell 1.5 percent from a week earlier. Applications to refinance home loans fell 3.1 percent, the first drop in six weeks. Those taken out to purchase homes, however, rose 6.3 [...]