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Mortgage Applications Jump 7.1% as Lowest Rates Since Election Send Homebuyers Rushing to Lock In
CNBC, June 7, 2017–Diana Olick
Homebuyers and homeowners saw a rip in the ever-rising interest rate continuum last week and jumped right in. “Purchase application volume increased to its highest level since May 2010,” said Mortgage Bankers Association Economist Joel Kan.