Mortgage applications fall
U.S. mortgage applications fell last week as interest rates climbed to 17-month highs and demand for refinancings slid to their lowest level this year.
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U.S. mortgage rates fall (Market Watch) CHICAGO (MarketWatch) - Both long-term and short-term mortgage rates moved lower this week on early indications that the threat of inflation may be receding, Freddie Mac's chief economist said Thursday.