US Mortgage Applications Increase by 2.8%... Interest Rates Slightly Decline
The number of weekly mortgage applications in the United States increased by 2.8% compared to the previous week, the Mortgage Bankers Association announced on the 4th (local time). The previous week recorded a 6.3% increase.
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A for-sale sign is posted outside a house near Washington Park in Denver, Colorado, USA. Photo by AP Yonhap News
View original imageThe average interest rate for a 30-year fixed-rate mortgage fell from 6.86% last week to 6.69% this week, marking a decline for the second consecutive week.
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