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  1. (AFX UK Focus) 2008-11-05 12:15 US mortgage applications slump, costs increase-MBA (Interactive Investor)
    NEW YORK, Nov 5 (Reuters) - U.S. mortgage application demand skidded last week, driven by a nearly 30 percent slump in demand to refinance home loans as borrowing costs rose, a trade group said on Wednesday. The Mortgage Bankers Association's seasonally adjusted mortgage applications index, which includes both purchase and refinance loans, slid 20.3 percent to 379.9 in the week ended Oct. 31. ...
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    The upside of the downfall Community Impact Newspaper, TX - 2 hours ago ... overnight average of 5.97 percent as of the week ending Oct. 10, according to Bankrate.com — making this a good time to buy or refinance a home . ...
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