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« US Unemployment Rate Rose To 10.2% In October, Highest Rate Since April 1983. | Main

Home-Purchase Index in U.S. Plunges to Lowest Level Since 2000

The Mortgage Bankers Association’s index of applications to buy a house dropped 12 percent in the week ended Nov. 6 to 220.9, the lowest level since Dec. 2000. The group’s refinancing gauge rose 11 percent as interest rates decreased, pushing the overall index up 3.2 percent.

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Posted at 12:02 PM |

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