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An Increase In Mortgage Applications This Week

Mortgage News > An Increase In Mortgage Applications This Week
Date: 05/02/2012    An Increase In Mortgage Applications This Week

The Mortgage Bankers Association reported this week that the number of mortgage applications rose from the previous reported week.  The rise in applications initiated from home purchase mortgages, yet refinance applications fell.

Historically low rates, which were as low as 3.97 percent on a 30 yr fixed loan, contributed to the increase in mortgage applications.  
 

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