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They significantly decrease the mortgage applications in the United States. In the week ending August 16, the index measuring the volume of mortgage applications recorded a decrease of 10.1%, after +16.8% the previous week.
The index relating to requests for refinancing fell by 15.2%, while the one relating to new questions records a decrease of 5.2%.
This was announced by the Mortgage Bankers Association (MBA), indicating that the 30-year mortgage rates dropped to 6.50% from the previous 6.54%.