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IPFS News Link • Economy - Economics USA

Mortgage applications rise as desperate home owners switch adjustable for fixed rate loan

8-8-2007 • Bloomberg

Mortgage applications in the U.S. rose last week by the most since January, as cheaper borrowing costs encouraged more Americans to seek loans for home purchases and refinancing.

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Reported By Powell Gammill

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Mortgage applications rise as desperate home owners switch adjustable for fixed rate loan

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