Mortgage Applications Increase
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Mortgage applications increased 1.4 percent
from one week earlier, according to the Mortgage Credit Availability Index. The Market
Composite Index, which is a measure of the mortgage loan application volume,
increased for the week ending Aug. 15. The refinance share of mortgage
activity increased from 54 percent to 55 percent and the adjustable-rate
mortgage share of activity increased to 7.8 percent of total applications.
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Thursday, August 21, 2014
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