Purchase loan activity experienced a 6% increase, leading to a rise in total mortgage applications for the previous week. This growth in activity was seen despite the adjustment made for the Thanksgiving holiday. Key points from this news include:
– Purchase loan activity increased by 6%, contributing to overall application growth
– Total mortgage applications saw an uptick
– Thanksgiving holiday adjustment was factored into the data analysis
You can read this full article at: https://www.housingwire.com/articles/mortgage-applications-mba-demand-rises-nov-29/(subscription required)
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