As mortgage rates continued to move higher, the share of home purchase loans began to increase in December, according to Ellie Mae's latest Origination Insight Report.

The share of purchase loans rose to 54% from 53% the previous month, Ellie Mae said Wednesday. The Pleasanton, Calif.-based company said that the 30-year note rate moved up to 4.05% from 3.81% in November.

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