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Loan Modification

: Mortgage Lender Implode-o-Meter

refis jump as rates slide, purchases slow as tax credit ends

By Implode-Explode Heavy Industries

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"Refinance demand surged last week as mortgage rates benefited from economic uncertainty, but purchase activity cooled following the expiration of the homebuyer tax credit, according to data from the Mortgage Bankers Association."

Full post as published by Mortgage Lender Implode-o-Meter on May 12, 2010 (boomark / email).

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