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MBA: Mortgage Applications Decrease, Record Low Mortgage Rates

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Maya Raichura
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MBA: Mortgage Applications Decrease, Record Low Mortgage Rates - July 5th, 2012

MBA: Mortgage Applications Decrease, Record Low Mortgage Rates

The Refinance Index was down about 8 percent overall this week, largely driven by a significant drop in refinance applications for government loans. The HARP 2.0 share of refinance applications has been 24 percent over the past two weeks, up slightly from 20 percent three weeks ago.

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