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Diminished demand in the housing market has been further dampened by erratic mortgage rates, which dipped slightly this week according to @FreddieMac, as affordability issues continue to put buying significantly out of reach for many.

4:26 PM - 3 Nov 22
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As mortgage rates remain in the 7% range, the @MBAMortgage reports mortgage app volume falling slightly thi...

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Mortgage rates exceeding the 7% mark have driven overall mortgage app volume down, as the @MBAMortgage repo...