"Mortgage application volume declined 6.2% during the week ending July 18, according to the trade group Mortgage Bankers Association's weekly application survey.
The MBA's application index declined to 489.6 during the week, from 522.2 a week earlier.
Refinance application volume declined 5.6%, while purchase volume fell 6.7%, on an adjusted basis."
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Mortgage applications fall 6.2% as rates rise
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