Industry NewsMortgage

Demand for purchase loans at May levels

Applications at highest level since expiration of homebuyer tax credit
Published on Nov 24, 2010

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by CareyBot

Demand for purchase mortgages jumped the week ending Nov. 19 to the highest level since the expiration of the homebuyer tax credit, the Mortgage Bankers Association said in releasing the results of its Weekly Mortgage Applications Survey.

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