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Weekly Refinance Demand Plummets As Mortgage Rates Hit A 5week High - Latest News


Weekly refinance demand plummets as mortgage rates hit a 5-week high

A sharp rise in mortgage rates took its toll on the mortgage business last week. Lenders are generally bearish, with more expecting profit margins to decrease. Fannie Mae's chief economist says ... read more

Weekly mortgage applications rise 2.9% as interest rates move even higher

Applications to refinance a home loan increased 3 percent from the previous week but were still 34.5 percent lower than the same week one year ago. Given the high demand for housing, mortgage volume ... read more

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Headline PPI was unchanged in July, with core inflation up 0.1 percent.(CNBC) * Weekly refinance demand plummets as mortgage rates hit a 5-week high (CNBC) After months of waging a behind-the-scenes ... read more

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Weekly refinance demand plummets as mortgage rates hit a 5-week high

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Weekly refinance demand plummets as mortgage rates hit a 5-week high

A sharp rise in mortgage interest rates took its toll on the lending business last week. Mortgage application volume fell 1.8 percent for the week, according to the Mortgage Bankers Association's ... read more



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