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The Economy


US mortgage applications near slowest of 2008-MBA

Applications for U.S. home mortgages fell to its second-lowest level of the year last week as interest rates rose, an industry group said on Wednesday.The Mortgage Bankers association said its seasonally adjusted index of mortgage application activity fell 7.8 percent to 621.6 in the week ended May 16. The index touched its 2008 low in […]

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