Sharp drop in rates sparks 23.5% spike in weekly mortgage applications after unusually weak holidays

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Homebuyers returning to the market after the holidays may have been inspired by the drop in rates, but stock market volatility and the government shutdown could keep some of those mortgage applications from closing.

 

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“unsually weak” holidays! Dude its usual when interest rates are up and regulations inhibit plebs from getting a new app done and have already maxed at their passed refinance! “unsual” getf out of here with that b.s

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