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Tucson second highest in nation for largest new mortgage bumps

Tucson

By Clare Trapasso | realtor.com

Baltimore is known for plenty of things, from very good (Chesapeake blue crabs) to very bad (racial tensions). Now here’s a new marker for the plus side of the equation: The city has the highest percentage gains in new mortgages.

The news came from a recent RealtyTrac report comparing the first quarter of 2016 to the same period last year—focusing on publicly recorded mortgages and deeds of trust. The real estate data firm measured single-family residences, townhouses, condos, and multifamily buildings with just two to four units.

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