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Refinance applications take a dip following several strong weeks

Mortgage applications decreased 6.6% from last week, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending Feb. 14, 2025. On an unadjusted basis, applications decreased by 4% compared with the previous week. The refinance share of mortgage activity, which had been strong for the past few weeks,…