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IPFS News Link • Housing

MBA: Mortgage Purchase Applications at 13 Year Low

05-26-2010 • CalculatedRiskBlog.com

There was a spike in purchase applications in April, followed by a decline to a 13 year low last week. As Fratantoni noted last week: "The data continue to suggest that the tax credit pulled sales into April at the expense of the remainder of the spring buying season."

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Reported By Jack Gregson

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