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Homebuyer Mortgage Demand Surges, Up 25% from Last Year

After a pause in early September, mortgage demand has jumped again, including both home purchases and refinances. So reports CNBC.

According to the Mortgage Bankers Association, total mortgage application volume rose a seasonally adjusted 6.8% in the week ending September 18.

Mortgage applications to buy a home increased only 3% for the week but are up 25% from a year earlier.

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