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Residential

September 27, 2011

On a seasonally adjusted basis, the pace of mortgage loan applications increased 0.6 percent for the week ended Sept. 16, according to the Mortgage Bankers Association. The rate for 30-year mortgages was unchanged at 4.29 percent. The rate for 15-year mortgages fell to 3.46 percent from 3.52 percent.
 

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