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		Home Page Mortgage News You Can Use Iconocast SEM Mortgage Activity Drops By BLOOMBERG NEWS Published: February 5, 2004 An index measuring the number of applications for home mortgages and refinancings declined for a second week but stayed close to a five-month high, an industry group report said yesterday. The Mortgage Bankers Association's index declined 1.5 percent last week, to 855.7 from 868.9 the week before. A measure of applications to buy homes dropped 1.7 percent, to 444 from 451.6. Refinancing also declined. The index of home purchase applications is close to the record high, which was reached in the middle of January.   Back to Original Article: Mortgage News You Can Use   Continue with: US TREASURY OUTLOOK - Waiting for payrolls U.S. Treasury's Snow repeats deficits manageable Funds probe spreads to Alliance Capital 401k plans are getting even more scrutiny Fed's Bernanke sees low inflation, slow job growth
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