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Mortgage originations increase significantly year over year

January 4, 2013 by admin

Real estate is showing signs of improvement, with Q2 2012 mortgage originations increasing to $436 billion. This represents a 7 percent increase over the previous quarter and an impressive 63 percent increase over the same quarter a year ago. Refinancing activity continues to play a major role in the number of new originations.

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Source: Experian–Oliver Wyman Market Intelligence Reports

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