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New Mortgage applications are tanking…Due to rising rates?

New Mortgage applications are tanking…Due to rising rates?

by Chris Kimble | Aug 16, 2013 | Kimble Charting

CLICK ON CHART TO ENLARGE New mortgage applications are falling like a rock of late!. Is this due to the steep rise in rates? Seen the inset rate chart above and look what has happened to applications during the window of rising rates. Home builders are already into...

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