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Mortgage applications and interest rates increase

Dennis Norman

By: Dennis Norman

The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending August 21, 2009.  The Market Composite Index, a measure of mortgage loan application volume, increased 7.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 6.3 percent compared

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