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September Brings Slight Yearly Increase in New Home Purchase Mortgage Applications

October 13, 2016 10:24 pm

Mortgage applications for new home purchases increased 3 percent this September, relative to September 2015, according to the Mortgage Bankers Association’s Builder Application Survey (BAS) data. Compared to August 2016, applications decreased by 7 percent. This change does not include any adjustment for typical seasonal patterns. “After a strong start in 2016 and despite evidence […]
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