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Mortgage Applications Rise First Time In Weeks

Mortgage Applications Rise First Time In Weeks

| Sep 06, 2013 | Housing Market

Mortgage applications in the United States increased for the first time in approximately four weeks. Mortgage rates have decreased from the highest level seen in 2013 aiding the growth of Mortgage applications. The seasonally adjusted Index of Mortgage application activity grew 1.3% last week, according to the mortgage Bankers Association. mortgage rates still remain historically low, and experts expect more homebuyers to take advantage of the low rates. More here

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