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Residential

March 15, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity increased 15.5 percent for the week ended March 4, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.93 percent from 4.84 percent the previous week. The rate for 15-year mortgages was unchanged at 4.17 percent.

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