2013-08-15 — financialsense.com
``One week does not make a trend, but the trend looks ominous. The weekly application surveys show a decline in mortgage applications for the 13th time in 15 weeks... Curiously, refinance applications although trending lower, still account for about 63% of applications... a mortgage broker at WCS Funding Group commented that he is still refinancing people with rates over 6%. Some people just now have the equity available to refinance.''
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