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U.S. Mortgage Applications Growth Slows

U.S. mortgage applications grew at a modest pace in the week ended September 19 following a surge in the previous week, survey data from the Mortgage Bankers Association showed on Wednesday.

The market composite index, which measures the mortgage loan application volume, rose a seasonally 0.6 percent from the previous week, when it jumped 29.7 percent.

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by Jyotsna V

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