US Mortgage Applications Rise 3.8%... "Increase After 6 Weeks"
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[Asia Economy Reporter Jeong Hyunjin] On the 21st (local time), the Mortgage Bankers Association (MBA) in the United States announced that mortgage applications increased by 3.8% compared to the previous week. CNBC reported that this is the first increase in mortgage applications in six weeks.
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The 30-year mortgage rate announced by the MBA rose slightly to 6.25% from 6.01% the previous week.
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