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Mortgage credit eased in January (access required)

A Mortgage Bankers Association report shows that credit availability improved in January despite new mortgage qualification rules that took effect in the middle of the month. The trade group's Mortgage Credit Availability Index increased 1.85 percent from 110.9 in December to 113.0 in January. The index, which was benchmarked at 100 in March 2012, shows a ...

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