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: Instapundit.comCHANGE: Mortgage applications fall 40% in May, lowest level since April 1997. Like cash-for-clunke?
By Glenn Reynolds
CHANGE: Mortgage applications fall 40% in May, lowest level since April 1997. Like cash-for-clunkers, the tax credit was just borrowing against future sales. Now it’s payback time.
Full post as published by Instapundit.com on June 03, 2010 (boomark / email).
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