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Mortgage applications to purchase new homes up 17% in March from February, reports the MBA.
Loading.Freddie Mac reports the 30-yr fixed conventional rate fell to 3.66% from 3.70%, with 0.6 in points/fees.
RealtyTrac reports monthly house payments on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property in 76% of the U.S. counties.
Weekly Initial Jobless Claims up 14K to 281K and below the 285K expected.