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News Link • Economy - Economics USA

Refi Boom? Mortgage Applications Surge As Rates Plunge

• by Tyler Durdan

Prompting a sudden 46.5% surge in refinancing activity (which we saw also saw in early March) and purchases rose 10.0% (after falling the prior week).

Loan size for purchases fell on average last week while the size of refi loans rose spiked...

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