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Mortgage demand stirs back to life as interest rates plummet

Por: Fox Business Business November 08, 2023

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FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.' A key measure of home-purchase applications rose for the first time in a month last week as consumer demand stirred back to life amid a sharp drop in mortgage rates. The Mortgage Bankers Association's (MBA) index of rose 2.5% last week, compared... + full article



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