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Refi Applications Hit Seven-Year Highs

According to a February 12, 2020 article, written by Jann Swanson for Mortgage News Daily, “Refinancing was up for the third straight week, adding 5 percent to that index which is now 207 percent higher than on an annual basis. The share of applications that were for refinancing grew to 65.5 percent; 1 percentage point higher than the prior week.”

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Notary Near YouRefi Applications Hit Seven-Year Highs
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Mortgage Rates React To Strong Jobs Report

According to an article by Matthew Graham for Mortgage News Daily, “the jobs report has a more consistent track record of causing big market movement than any other piece of economic data”. He further states “the underlying bond market improved throughout the day and held onto that improvement, resulting in lenders offering lower rates”.

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Notary Near YouMortgage Rates React To Strong Jobs Report
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