Home loan sizes remain near record highs

The latest statistics show people in the housing market have decided to go big in order to go home.

The size of loans that people are seeking is near record highs.

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Overall, demand for mortgage applications declined 3.9% from the prior week as mortgage rates increased, according to the latest survey from the Mortgage Banker’s Association.

The seasonally adjusted Purchase Index decreased 1% from one week earlier.

HOME PRICES HIT NEW ALL-TIME HIGHS

“Despite

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