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Wednesday, December 23, 2015

Mortgage Applications Activity Picks Up

Mortgage activity picked up in the December 18 week with purchase applications, which had been flat early in the month, up 4 percent and refinancing applications showing increasing strength at a very strong plus 11 percent. Rates moved higher in the week, up 2 basis points for the average 30-year conforming loan ($417,000 or less) to 4.16 percent.

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