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Mortgage applications fall despite low rates as trade war fears grow – Americans aren’t seeking mortgages in big numbers despite low borrowing costs and moderating price gains. Mortgage applications fell 3.3% from last week despite mortgage rates that remained low,
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Americans are scrambling to refinance mortgages as borrowing costs tumble. With mortgage rates falling to the lowest level since September 2017, total mortgage applications surged 26.8% last week, led.
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US average long-term mortgage rates rise – Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year mortgage increased to 3.81 percent.
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