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Mortgage demand drops as interest rates bounce higher

Por: CNBC Business February 15, 2023

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A 'for sale' sign hangs in front of a home on June 21, 2022 in Miami, Florida.Joe Raedle Getty ImagesAfter falling for , mortgage rates jumped last week, triggering a decline in mortgage demand.Total mortgage application volume fell 7.7% last week, compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with... + full article



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