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Home Purchase Applications Rise for Third Consecutive Week

The Mortgage Bankers Association (MBA) released its tallies of new mortgage activity Wednesday for the week ending December 3, 2010.

The trade group’s index of mortgage applications for the purchase of a home jumped 1.8 percent. This is the third weekly increase for the purchase index, which has reached its highest level since early May.

Read More: http://bit.ly/gYC34q









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