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U.S. Mortgage Applications Fall Despite Lower Borrowing Costs – NEW YORK (Reuters) – U.S. mortgage applications fell for a third consecutive week even as some 30-year home borrowing costs declined to their lowest levels since April 2018 in line with lower bond.
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Mortgage applications hit a record for the third straight week – Mortgage applications to purchase a home, however, did not respond substantially. Purchase volume increased 0.3 percent for the week and was 1 percent higher than a year ago.
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