Weekly Home Purchase Applications Jump 12% - The Mortgage Leader

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Weekly Home Purchase Applications Jump 12%

Wednesday, May 06 2020

Written by Chris Frankie

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Mortgage applications to buy a home last week rose by 12%, according to the Mortgage Bankers Association. So reports CNBC.

The uptick indicated a possible shift in buyer optimism after a month of coronavirus-related declines.

A drop in refinance applications still led total mortgage volume to fall by 3.3% for the week, according to the MBA.

Read the full article from CNBC.

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