U.S. Mortgage Applications Drop 28.7%, Refinances Fall 38.1%

U.S. Mortgage Applications Drop 28.7%, Refinances Fall 38.1%http://www.mortgagenewsdaily.com/422008_Mortgage_Applications.aspMortgage applications in the U.S. fell 28.7% in the week ending March 28, with the market composite index decreasing to 688.3 from 959.9 a year ago, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Application Survey released WednesdayenCommunityServer 2008 SP2 (Build: 31106.96)