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Mortgage applications jump on refi demand: MBA

Posted by mortgage 102 days ago (Editorial)
NEW YORK (Reuters) - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 7.5 percent in the week ended Feb 3. The MBA's seasonally ...

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