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2005-07-06 11:55:09

By Julie Haviv NEW YORK (Reuters) - Applications for U.S. home mortgages rose for the first time in three weeks despite higher interest rates, an industry group said on Wednesday. The Mortgage Bankers Association said both purchasing and refinancing activity gained sharply in the week ended July 1.


Word of the Day
obdormition
  • Sleep; the state or condition of being asleep.
  • The state or condition of numbness of a part due to pressure on a nerve: as, the obdormition of a limb.
The word 'obdormition' comes from a Latin word meaning "to fall asleep".
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