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(Image from article: "Mortgage applications see biggest increase in 4 months: MBA")

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Mortgage applications see biggest increase in 4 months: MBA

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rates remained low, an industry group said on Wednesday.

Mortgage demand falls despite lower rates

U.S. mortgage applications fell last week despite the lowest loan rates in four months, the Mortgage Bankers Association said.

Mortgage applications jump 5.6% as rates slide

Mortgage applications jumped 5.6% the week ended Aug. 14 from a week earlier as average mortgage rates fell, the Mortgage Bankers ...

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