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Mortgage applications were down 3.4% from the previous week, but still up 31.6 %. up slightly last week, which shows how rate-sensitive refinances are.. mortgage rates for 30-year loans increased slightly, which led to a.
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Higher interest rates cut refinance mortgage application volume and reduced. decreased over the week, driven by a decline in refinances.
3 days ago. Mortgage Application Volume Fell For a Third Straight Week. In contrast to what typically happens when rates rise, applications for refinances increased 2%, its highest level in a month, driven mainly by FHA applications.
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