Mortgage application volume climbed 6.2% in the week ended Dec. 7, as refinances rose 8% and purchases grew 1%, according to the Mortgage Bankers Association's weekly mortgage applications survey.
Mortgage Applications Rise as Rates Drop to New Lows
DEC 12, 2012 7:19am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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