Mortgage Applications Increase 4.9%

Oct 27, 2011 by

Mortgage Applications Increase 4.9%

Mortgage applications rose 4.9% last week as refinancing activity and home purchases both increased, an industry trade group said.

The Mortgage Bankers Association said the refinance index climbed 4.4% from the previous week, while the seasonally adjusted purchase index jumped 6.4%.  Read more


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