Prospective homebuyers are continuing to come out of the woodwork to apply for purchase loans. For the fifth consecutive week, a seasonally adjusted index that tracks mortgage applications to buy single-family homes increased from the prior week. The purchase index, produced and tracked weekly by the Mortgage Bankers Association, reported a 6 percent gain after rising by 11 percent and 12 percent in the previous two weeks. MBA’s refinance index, on the other hand, reported
source https://therealdeal.com/2020/05/20/loan-applications-to-buy-homes-rise-for-fifth-week/
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