Investor's Business Daily (09/11/08) P. A1
Mortgage applications jumped 9.5 percent during the week ended Sept. 5, which some observers attribute to a decline in home loan rates as a result of the government takeover of Fannie Mae and Freddie Mac. Interest on 30-year fixed mortgages settled at 6.06 percent, marking a four-month low, the Mortgage Bankers Association said.
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