Mortgage purchase demand rises: MBA

Mortgage purchase demand rises: MBA

NEW YORK (Reuters) - Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, slipped 1.2 percent in the week ended November 18, after ...

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