Mortgage Applications Drop Again. Are Buyers Tired of Inflated Home Prices?

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With mortgages rates sitting at record lows, many buyers have rushed to apply and get a piece of the action. But home loan applications actually decreased 1.2% for the week ending Dec. 4, reports the Mortgage Bankers Association. That's the second week in a row we've seen a decline, which could indicate that buyers are fed up with the state of the housing market.

Source Fool.com