Purchase originations reached their highest share of the total number of loans closed in almost two years, according to the June Origination Insight Report from Ellie Mae.

For the month 65% of all closed loans were used for a home purchase, up from 62% the month prior. This is the highest percentage since August 2014, according to the Pleasanton, Calif.-based company. In June 2015, 61% of closed loans were for a purchase.

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