Week-to-week mortgage applications fall 7.2%: MBA (Market Watch)

Week-to-week mortgage applications fall 7.2%: MBA (Market Watch)

With interest rates pressing higher, mortgage applications fall a seasonally adjusted 7.2% during the first week of June from the week before, as volumes of filings to refinance existing home loans continue their recent pullback, the Mortgage Bankers Association's latest data show.

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