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Purchases Reclaimed Market Share From Refis Last Week

(Mortgage News Daily) - 10 months ago
 Posted To: MND NewsWireThis month's half-hearted rally in refinancing didn't last long . During the week that ended November 10, applications for refinancing made up more than half of all mortgage applications received, the first time that had happened since late September, and refinancing volume jumped 6 percent. Last week refinancing ebbed, but purchase mortgage applications did manage to fill the resulting gap. The Mortgage Bankers Association (MBA) said its Market Composite Index, ...
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