As mortgage rates drive upward for the sixth consecutive week, overall application volume fell after a week of rebounding, falling to levels last seen 28 years ago.
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Mortgage Rates Continue to Tumble
For the second consecutive week, mortgage rates have dipped, providing a much-needed boost to the housing marketplace and sparking a rise in overall mortgage app volume.
Read More »Mortgage Rates Continue Largest Decline Since 2008
Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.
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