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Mortgage rates plummet to 2-month low, reigniting housing demand

Por: Fox Business Business November 23, 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 to the highest level in six weeks as a sharp drop in mortgage rates reignited demand among consumers. The Mortgage Bankers Association's (MBA) index of rose 3% last week, compared with the previous... + full article



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