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U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday.

The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent. The latest weekly results were adjusted for the July 4th holiday.

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by Jyotsna V

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