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Mortgage demand rises as 30-year rate ducks back below 5%
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USA Today
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November 04, 2009
Mortgage applications rose for the first time in four weeks, reflecting a jump in demand for home refinancing loans as interest rates on 30-year loans dropped below 5%, data from an industry group showed Wednesday. The Mortgage Bankers Association said the average rate on 30-year fixed-rate mortgage...
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