US: Demand for new home loans at 13 year low

[Blue_Horseshoe]

From CNBC, 19th May 2010

[

Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.

](https://www.cnbc.com/id/37228243)

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