MBA: Mortgage Applications Increase, Purchase Index highest since May 2010

MBA: Mortgage Applications Increase, Purchase Index highest since May 2010

The Refinance Index increased 5 percent from the previous week and is at its highest level since mid-January of 2013 . The seasonally adjusted Purchase Index increased 4 percent from one week earlier is at its highest level since May of 2010 and the adjusted Conventional Purchase Index increased 3 percent to the highest level since October 2009 . ... The average contract interest rate for 30 ...

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