Questions? Let's Talk: 877.762.4375
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Questions? Let's Talk: 877.762.4375
The refinance Index increased 5% last week, still 11% lower than 2 weeks prior, and 36% lower than the beginning of May 2013. The average Contract interest rate for 30-year Fixed-rate Mortgage loans with a Conforming loan balance jumped 4.15%, and the 30-year Fixed-rate Mortgage increased 4.25%. According to the Industry Trade Group Report the seasonally adjusted purchase Index rose 5% from the beginning of June. Additionally, the refinance share of Mortgage activity grew 1%, averaging 69%. More here
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