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As interest rates increase from record lows, mortgage applications fall back from 10-year high

Mar 18, 2020By

It’s probably safe to say that the mortgage market is suffering from a little bit of whiplash right now. Just two weeks ago, mortgage rates fell to an all-time low, but interest rates rose in the immediate aftermath as both lenders and investors moved to keep up. And as a result, mortgage applications fell back last week from those 10-year highs.

3d rendering of a row of luxury townhouses along a street

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