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Residential

June 21, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity increased 13 percent for the week ended June 10, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.51 percent from 4.54 percent the previous week. The rate for 15-year mortgages was unchanged at 3.67 percent. 

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