US EditionMortgage applications jump 9.2% in July: Stonebridge – Mortgage Strategy
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Mortgage applications jump 9.2% in July: Stonebridge – Mortgage Strategy
Mortgage applications jumped 9.2% year-on-year in July, Stonebridge reveals, confirming sustained market momentum as borrowing costs fall. In Stonebridge’s latest data from its national network of advisers it found that the average mortgage rate dropped to 4.44%, down 62 basis points from a year earlier. This means
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