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May 22, 2014

The Mortgage Empire Strikes Back: Loans Gaining Over Cash Deals

By Brandon Ivey

Some 69.9 percent of homes purchased in April were completed with non-cash financing, up from a 69.7 percent share the previous month.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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