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Mortgage Applications Jumped 12% in Latest MBA Weekly Survey

Mortgage applications increased 12% from one week earlier, according to data from the Mortgage Bankers Association‘s (MBA) Weekly Mortgage Applications Survey for the week ending January 28, 2022.

The Market Composite Index, a measure of mortgage loan application volume, increased 12% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 15% compared with the previous week. The Refinance Index increased 18% from the previous week and was

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