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Mortgage application volume rises, driven by refinances. 8:25 AM ET Wed, 5 june 2019. CNBC's Diana Olick reports on the latest mortgage application data.
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Mortgage Applications Increase in latest mba weekly survey. The Market Composite Index, a measure of mortgage loan application volume, both purchase and refinance applications surged, driven mainly by these lower.
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Mortgage applications surged 26.8% in just one week. Volume was 41% higher than the same week one year ago.
According to MBA's weekly Mortgage Applications Survey, on an unadjusted. " The drop in refinances were driven by fewer FHA and VA loan .
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CNBC's Diana Olick reports on the latest mortgage application data.
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