Mortgage purchase demand rose last week: MBA

Mortgage purchase demand rose last week: MBA

NEW YORK (Reuters) - Demand for home purchases picked up for the third week in a row last week, though applications for refinancing sagged, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of overall mortgage application activity, which includes both refinancing and home purchase demand, fell 2.4 percent in the week ended March 9. The MBA'S ...

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