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Housing

September 7, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity increased 2.7 percent for the week ended Aug. 27, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.43 percent from 4.55 percent the previous week. The rate for 15-year mortgages fell to 3.88 percent from 3.91 percent.

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