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June 5, 2014

A Sign of the Times: Refi Production Off 76 Percent in 1Q

By John Bancroft

With interest rates dropping in recent weeks, some mortgage observers say there’s a chance that the refi market could rebound.

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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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