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Mortgage Applications Jump at Fed?s Announcement

By DIANA GOLOBAY

Raw mortgage application activity for the week ending March 20 rose a seasonally adjusted 32.2 percent from the previous week, according to a survey released Wednesday by the Mortgage Bankers Association. The four-week moving average for the application index increased 13.9 percent, showing a continued seasonal gain. The index for refinance applications rose a staggering 41.5 [...]

Full post as published by Housing Wire on March 25, 2009 (boomark / email).