The U.S. housing market remained sturdy in the latest week despite fewer mortgage applications to buy homes and rising interest rates, according to mortgage industry group data released on Wednesday.
Americans filed fewer mortgage applications for a second straight week last week as interest rates on 30-year home loans climbed to their highest levels since early April, the Mortgage Bankers Association said.
For this complete story, please visit U.S. Home Sales Firm Despite Fewer Loan Applications.
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