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Tuesday, July 20, 2010

Mortgage Apps at 13-Year Low By Reuters http://www.cnbc.com/id/38239511
- Talk has surfaced of a double-dip in U.S. housing, though most economists doubt a second leg down would be nearly as severe as the first.
- Home prices have toppled about 30% on average, from their peaks four years ago, according to Standard & Poor's/Case-Shiller indexes.
- Most estimates are for additional single-digit declines.

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