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Purchase Loan Activity in the U.S. Drops, Down 17 Percent YOY

Mortgage loan application volumes in the U.S. dropped 7 percent over the past week, including a 6 percent drop in purchase mortgage activity, which was down 17 percent on a year-over-year basis, according to the Mortgage Bankers Association. And with refinancing activity having dropped 8 percent over the past... Read More »