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THE ECONOMY.(TO THE POINT)
Mortgage apps off as refis drop
The Mortgage Bankers Association's mortgage application index fell 2.4% to 710.1 in the week ended Feb 25. Refinancings dropped 9.9% on higher interest rates. But applications for buying a home rose 5.3%.
** CFO optimism fell to its lowest in nearly 4 years, says a survey by Duke University/CFO Magazine.
** U.S. job cut plans in Feb. rose 17% from Jan. to 108,387, ...
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