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Refi and Purchase Apps Bounce Back After Holiday Week

June 11, 2014

 

Mortgage applications surged by 10.3 percent during the week ended June 6.  The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume increased by that amount on a seasonally adjusted basis and was up 22 percent compared to the previous week which had been shortened by the observed Memorial Day holiday. 

 

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