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Current Account 'Recycling' Distortions... 4 bps to 6.10% (up 41 bps y-o-y). One-year adjustable rates gained 3 bps to 5.60% (up 69 bps y-o-y). The Mortgage Bankers Association Purchase Applications Index dipped 0.6% this week. Purchase Applications were down 17.6% from one year ago, with ...
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