Market Watch
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Mortgage market soaring as May ends
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Forecasts of doom and gloom in the housing and mortgage markets in April have turned to upside surprise as May came to a close.
Record-low mortgage rates and easing of stay-at-home restrictions are spurring stronger activity on both the purchase and refinance side of originations.
Read on for a look at the market today, including data on sales and applications, and why the market strength has made Zillow revise its forecast for the year.
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