US Mortgage Application Volume Still Going Strong

Posted by Staff Reporter on Jan 17, 2018 06:50 PM EST
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US Mortgage Application Volume Still Going Strong

U.S. mortgage application activity rose to its strongest level in six weeks even as 30-year home borrowing costs jumped to their highest levels since March, the Mortgage Bankers Association said on Wednesday.

The Washington-based group said its index on mortgage requests rose 4.1 percent to 406.3 in the week ended Jan. 12, which was the highest since 408.3 in the Dec. 1 week.

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