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More on Mortgage Applications: The Refinance Index jumped 19% to its highest level since April...

More on Mortgage Applications: The Refinance Index jumped 19% to its highest level since April 2009. The Purchase Index rose 13%, but remains at very weak levels. The gaudy percentage increases have at least something to do with comparison to the previous week, which included Memorial Day, says MBA's Michael Fratantoni.
Comments (2)
  • bbro
    , contributor
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    Thanks for the update on Purchases...
    13 Jun 2012, 07:17 AM Reply Like
  • frosty
    , contributor
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    doesn't memorial day happen every year?
    13 Jun 2012, 08:20 AM Reply Like
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