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Refinances Send Mortgage Application Volume Up 7.3%

Sunday, Apr 19 2020
Lending
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A rush to refinance home loans has driven weekly mortgage applications higher once again. So reports CNBC.

According to the Mortgage Bankers Association, total mortgage application rose 7.3% for the week ending April 15.

Refinance applications were up 10% from the previous week and 192% year-on-year, while mortgage applications for new home purchases fell for a fifth straight week.

Read the full article from CNBC.

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