Mortgage Application Volume Gains Back Lost Ground

Mortgage application volume increased last week with both purchase and refinance applications posting double-digit gains according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 10th, 2014.

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Freddie Mac Loan Modifications Surpass Previous Year

Mortgage giant Freddie Mac posted a slight increase in completed loan modifications from October to November but that was more than enough to surpass last years totals according to the agency’s recently released Monthly Volume Summary.

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