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المشهد العربي
US mortgage applications rise 10.8 percent
Mortgage application activity in the United States increased by 10.8% last week, despite ongoing fluctuations in interest rates, as the fixed rate on 30-year loans rose to 6.60%. The growth was primarily driven by a 15% jump in refinancing requests, with a senior economist at the Mortgage Bankers Association attributing the rise to the impact of geopolitical developments on financial markets and changes in interest rates.
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