Markets - Market News
Mortgage Applications Rise 3.4% in Week
Wednesday, February 6, 2013
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Mortgage application volume grew 3.4% in the week ended Feb. 1, as refinances rose 4% and purchases gained 2%, according to data from the Mortgage Bankers Association's weekly mortgage applications survey.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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