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MBA: Refinance Activity Highest in Three Years

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Maya Raichura
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MBA: Refinance Activity Highest in Three Years - August 1st, 2012

MBA: Refinance Activity Highest in Three Years

The Refinance Index increased 0.8 percent from the previous week to its highest level since the week ending April 17, 2009. The slight increase in refinance activity was muted by a 6 percent drop in government refinance applications, while conventional refinance activity increased about 2 percent over the week.

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