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Mortgage Activity Grows 0.6%

Mortgage Activity Grows 0.6%

| Oct 24, 2013 | Housing Market

According to the Mortgage Bankers Association, Mortgage applications grew last week, increasing 0.6% while Refinancing activity fell 1%, averaging 65% of applications. Data also shows that home purchasing is increasing, averaging an increase of 1%. Although mortgage activity has been sluggish over the past few weeks, experts expect activity to pick back up. More here

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