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		Home Page Mortgage News You Can Use   U.S. mortgage applications fall-MBA survey Reuters, 02.11.04, 6:58 AM ET NEW YORK, Feb 11 (Reuters) - The number of Americans applying for a home loan fell last week despite a slight drop in borrowing costs, according to an industry survey. The Mortgage Bankers Association said its market index, a measure of weekly mortgage activity, fell 6.8 percent in the week ended Feb 6 to 797.8. At the same time, the trade group's purchase index, a gauge of new requests for loans to buy homes, fell 9.4 percent to 402.2. Meanwhile, MBA's refinancing index, a gauge of demand for home loan refinancings, slipped 4.7 percent to 3,099.1 even as 30-year mortgage rates fell 0.03 percentage points last week to average 5.60 percent. Back to Original Article: Mortgage News You Can Use   Continue with: Index says mortgage demand dips Dollar Weak as High-Yielders Hold Court More job searchers just quit looking Heating bills, pump prices shock consumers Greenspan Says `Prospects Are Good' for Sustained Growth in U.S. Economy Yield declines on Treasury notes That Big Fat Budget Deficit. Yawn. Dow Soars 66 After Greenspan Report Experts: Bush Jobs Forecast Optimistic Dollar to hit US import prices eventually-Greenspan U.S. Treasuries Economic growth fuels stronger world oil demand-IEA Dollar Drops on Greenspan Remarks
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