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U.S. Mortgage Applications Sink 6.9%, 30YR Rate 3.14% Week End October 1, 2021

Washington D.C. - Mortgage applications in the United States fell 6.9% in the week ending October 1st, the biggest drop since the last week of June, according to data from the Mortgage Bankers Association, as interest rates continue to rise amid soaring bond yields. Refinancing applications fell 9.6% to the lowest level in three months, while


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