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Mortgage Applications Grow

Mortgage Applications Grow

| Dec 12, 2013 | Housing Market

According to the Mortgage Bankers Association, Mortgage applications have increased from last week, jumping approximately 1%. Refinancing also increased, with the refinance Index rising 2% from last week, averaging 65%. The 30-year, Fixed-rate Mortgage with a Conforming loan limit grew .10%, averaging 4.61%, while the 30-year, Fixed-rate Mortgage with a jumbo loan balance also increased 10%, averaging 4.59%. More here

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