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Archive Home > 2009 > January > 01 > Clouds are parting in mortgage market

Clouds are parting in mortgage market

Lower rates spur a surge in refinancing applications

By Zack Hall / The Bulletin
January 1, 2009

Lower mortgage rates are enticing some area homeowners to seek refinancing.

Central Oregon mortgage lenders and brokers report that since mortgage rates began to drop about three weeks ago, there has been a noticeable increase in activity.

That is good news for an industry that has been largely....

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