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Mortgage Activity Sinks, Rates Rise

Posted by admin on Wednesday, September 8th 2010

8
Sep

The Mortech-Mortgage Daily Mortgage Market Index was 259 in the week ended Sept. 8, falling from 348 seven days sooner.

The index reflects pricing inquiries by mortgage brokers who utilize Mortech Inc.’s pricing engine.

The conventional 30-year mortgage rose around 4 basis points in the report.

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