May mortgage applications for home purchases surge 27%, setting new Dutch record
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May mortgage applications for home purchases surge 27%, setting new Dutch record
The Dutch mortgage market hit a new record in May, driven by an unprecedented surge in home purchase applications, according to new figures released by Mortgage Data Network (HDN). A total of 48,928 mortgage applications were submitted through the HDN platform, with 30,525 of those—62.3 percent—filed for the purchase of a home.
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