Housing: The Recovery Continues

12/12/12 12:22PM EST

The MBA Mortgage Purchase Applications Index rose 1% last week, the fifth consecutive week of gains for the index; purchase applications are now 12.8% higher than they were a year ago. Refinance applications rose 8% last week as rates fell to 3.39%. Demand to buy homes continues to rise rapidly on a week-over-week basis as recovery in housing strengthens.

Housing: The Recovery Continues - MBA apps2

Housing: The Recovery Continues - refi

Housing: The Recovery Continues - YoY

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