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Mortgage Application Activity Increases

Mortgage Application Activity Increases

| Feb 10, 2014 | Housing Market

Mortgage applications in the United States have continued to increase. Last week, The Mortgage Bankers Association stated that their seasonally adjusted Index of Mortgage application activity jumped 0.4%, averaging 405.2 in the last week of January.  Interest rates have also fallen with the 30-year Mortgage averaging approximately 4.47%. Additionally, the MBA’s seasonally adjusted Index of Refinancing applications increased 2.9%. More here 

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