Homebuyers keep lining up to borrow money. Mortgage applications for purchase last week jumped 33-percent over the same time a year ago. The weekly increase was only four-tenths percent. Applications to refinance current mortgages fell ten-percent from the week before, but are up 34-percent over 2019. Interest rates continue to hover around historic lows, with the national average for a 30-year fixed-rate mortgage falling two basis points to three-point-11 percent.
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