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Questions? Let's Talk: 877.762.4375
New data shows that U.S. Mortgage applications increased last week. Experts have suggested that seasonal factors may influence fluctuations in Mortgage activity. Economists say that holidays, such as the most recent holiday, labor day, can play a role in decreased Mortgage application rates. Mortgage applications grew 11.2%, and refinance activity increased 18% averaging approximately 61% of all applications. Additionally the purchase Index jumped 3%. More here
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