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Mortgage Demand Soars in Mid-September

Following a quiet Labor Day week, mortgage demand among homebuyers and homeowners has jumped heading into the fall. So reports CNBC.

arrows 311332 640 smallAccording to the Mortgage Bankers Association’s seasonally adjusted index, mortgage applications increased almost 5% in the week ending September 17.

Purchase demand was up 2% while refinance applications increased 7%.

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