Mortgage Applications Surge To Highest Level In Three Months.

(Reuters) – Applications for home mortgages jumped to the highest level in three months last week, buoyed by improvements in the job market, an industry group said on Wednesday.The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 15.5 percent in the week ended March 4.

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http://www.reuters.com/article/2011/03/09/us-usa-economy-mortgages-idUSTRE7212F120110309

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