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US Mortgage Applications Decrease by 4.6% Compared to Previous Week

US Mortgage Applications Decrease by 4.6% Compared to Previous Week President Joe Biden [Photo by Yonhap News]

On the 24th (local time), the Mortgage Bankers Association of the United States announced that the weekly mortgage application volume in the US decreased by 4.6% compared to the previous week during the week of May 15-19.


The mortgage application volume decrease rate announced on the 17th for the period of May 8-12 was 5.7%.


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