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Mortgage Application Rate Remains Steady to Close Out Summer

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As the final week of summer came to a close, the volume of mortgage applications remained essentially unchanged from the week before.

On Aug. 29, the Mortgage Bankers Association’s Market Composite Index revealed an increased of only .2 percent from the week prior when seasonally adjusted.

Unadjusted, the number was down 1 percent.

Image via flickr/401(k) 2012

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