Why it matters
The figures offer a snapshot of U.S. home-buying and refinancing demand. Borrowers may still face high financing costs, and the reports say some are seeking savings through riskier loans.
HOUSING & REAL ESTATE • UNITED STATES
Mortgage applications rise as rates fall to 7.37%
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BLUF
Mortgage applications increased 3.4% week over week as rates fell to 7.37%, HousingWire reports. Purchase applications rose, while refinance activity remained far below its level a year earlier.
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