Residential

On a seasonally adjusted basis, the pace of mortgage loan applications decreased 9.6 percent for the week ended Aug. 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.32 percent from 4.39 percent the previous week. The rate for 15-year mortgages fell to 3.49 percent from 3.56 percent.

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