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Oct 15, 2021

The unemployed are often locked out of low-rate refi market

Plus: The Weekly Wrap, housing loans remain strong and foreclosures creep back up.

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NEW YORK - DECEMBER 03:  People walk by a Wells Fargo Home Mortgage branch December 3, 2008 in the Brooklyn borough of New York City. Following the Federal Reserves pledge to buy mortgage-backed debt, the Mortgage Bankers Association�s index of applications to purchase a home or refinance a loan jumped 112 percent to 857.7.  (Photo by Spencer Platt/Getty Images)
NEW YORK - DECEMBER 03: People walk by a Wells Fargo Home Mortgage branch December 3, 2008 in the Brooklyn borough of New York City. Following the Federal Reserves pledge to buy mortgage-backed debt, the Mortgage Bankers Association�s index of applications to purchase a home or refinance a loan jumped 112 percent to 857.7. (Photo by Spencer Platt/Getty Images)
Spencer Platt via Getty Images

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