A report released by the Mortgage Bankers’ Association said Wednesday that mortgage application volume rose a seasonally adjusted 17.7% in the week ended June 11th from the previous week. This marks the first increase in over a month. The increase reflected demand trickling in after the payback effect from the April 30 expiration of first time homebuyers’ credit was felt in the past few weeks.
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Mortgage Application Volume Rises In Week Ended June 11
Mortgage Loan Application Volume Rose 17.7% in Week Ended June 11 Vs. Week Earlier – MBA
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Mortgage Loan Application Volume Rose 17.7% In Week Ended June 11 Vs. Week Earlier – MBA
