Mortgage rates fall for the third straight week, but demand still drops further

Econ & Housing

A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022.Steve Pfost | Newsday | Getty ImagesMortgage rates soared over 7% just a month ago, but since then they have fallen more than half a percentage point. Still, mortgage loan application volume decreased 0.8% last…

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