August 3, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity decreased 4.4  percent for the week ended July 23, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.59 percent the previous week. The rate for 15-year mortgages increased to 4.12 percent from 4.05 percent.


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