Mortgage applications to buy a home surge to the highest in 11 years as rates hit a survey low

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· *Mortgage applications to buy a home spiked 4% last week to an 11-year high, according to a Mortgage Bankers Association survey released Wednesday. *
· *The jump in demand was likely fueled by falling mortgage rates — the fixed 30-year rate fell to 3.3%, the lowest in history for the MBA survey. *
· *That led to...