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Mortgage applications increase in largest weekly gain since November

Jan 14, 2015
In its Weekly Mortgage Applications Survey for the week ending January 9, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications increased 49.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index rose 119 percent compared with the previous week. 

The Refinance Index and Purchase Index also rose, increasing 66 percent and 24 percent respectively.  

To read the entire MBA press release, click here.
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