“Applications for U.S. home mortgages rose for a second straight week following three weeks of declines, data from an industry group showed on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, surged 15.2 percent in the week ended Jan 11.
The index of refinancing applications jumped 15.3 percent, while the seasonally adjusted purchase index increased 12.9 percent to the highest level since April 2011…..”
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