The Weekly Mortgage Applications rebounds in the current week

Written July 8, 2009 at 7:47 AM EST by  

US Weekly Mortgage Applications rose by 10.8%.  The Purchase Index rose by 6.7% rebounding from the -4.5% decline last week.  The Refinance Index rose by 15.2%.  Last week they declined by -30%. 

The average rate on the 30 year mortgage stayed unchanged at 5.34%.

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