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mortgage rates dropping in response to decline in mortgage applications (and home purchases)
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2019 Feb 14, 9:21pm 759 views 0 comments
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This will help to keep the real estate market stabilized. Note the rate bottomed around 3.4% in July 2016 and peaked around 5% in November 2018.
https://www.marketwatch.com/story/mortgage-rates-hit-a-12-month-low-as-signs-of-economic-slowdown-dog-the-housing-market-2019-02-14
https://fred.stlouisfed.org/series/MORTG
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https://www.marketwatch.com/story/mortgage-rates-hit-a-12-month-low-as-signs-of-economic-slowdown-dog-the-housing-market-2019-02-14
https://fred.stlouisfed.org/series/MORTG