Here's an excerpt:
The number of borrowers looking to refinance their mortgage rose last week for the third straight time.
The Mortgage Bankers Association says its refinance index increased 7.7 percent from the previous week. Overall, the mortgage applications index rose 5 percent this week.
But the number of people applying for a mortgage to buy a home fell 1.9 percent.
Continued signs of weakness in our housing market!
You can read the rest of the article here.
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