US Primary Mortgage Rate at 7.27%... Application Volume Down 0.8%
On the 13th (local time), the Mortgage Bankers Association (MBA) in the United States announced that the average 30-year mortgage rate last week was 7.27%, slightly up from 7.21% the previous week.
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The number of mortgage applications in the United States decreased by 0.8%. The previous week saw a 2.9% decline.
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