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U.S. Mortgage Refinancing Lowest Since 2000, MBA Data Show – The interest rate on a 30-year fixed mortgage has increased. dropped 19 percent from a year earlier. Applications for loans to purchase a home fell to the lowest since February.
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Rising rates knock U.S. mortgage activity to lowest since 2014: MBA – However, the average rate on jumbo mortgages, or loans with balances greater than $453,100, dipped to 4.98 percent from 4.99 percent. MBA’s seasonally-adjusted barometer on loan requests to buy a home.
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