"Mortgage application volume rose 48.1% during the week ending March 21 compared with the previous week, according to the trade group Mortgage Bankers Association's weekly survey.
The MBA's application index increased to 965.9 from 652 the previous week.
Volume surged on an 82.2% increase in refinance application volume during the week. Purchase volume increased 10.6%."
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Mortgage application volume rises, MBA says
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