In yet another sign of the economic crisis, the Mortgage Bankers Association said Wednesday that mortgage applications plunged 23% last week.
mortgage bankers associationRecord 1.2 million homes hit by foreclosureCNN Money Fri, 09/05/2008 - 9:07am
A record 1.249 million homes were in foreclosure during the second quarter of 2008, according to a report released Friday by the Mortgage Bankers Association. |
