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Refis hit 9300: Breaking records is a broken record

Notwithstanding the considerable backup in mortgage rates the week prior, the Mortgage Bankers Association (MBA) Refinancing Index broke all-time records last week as it approached the 10,000 mark. The Index jumped 5.2% to a whopping 9387, outpacing the previous week's record-breaking showing of 8921. This should have a tremendous...

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