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Home loan demand rises despite higher rates



A realtor's sign hangs next to a house for sale in a file photo. U.S. mortgage applications rose last week, led by increased demand for home purchase loans even as interest rates climbed for a fourth consecutive week, an industry trade group said on Wednesday. (File/Reuters)Reuters - U.S. mortgage applications rose last week, led by increased demand for home purchase loans even as interest rates climbed for a fourth consecutive week, an industry trade group said on Wednesday.



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