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Weekly Mortgage Demand Slides to Two-Year Low

A weekly measure of mortgage demand has tumbled to its lowest level in more than two years. So reports CNBC.

MBATotal mortgage applications tracked by the Mortgage Bankers Association fell 13.1% for the week ending February 18 to the lowest since December 2019.

Refis slid 15% on the week and were down 56% from a year earlier.

Read the full article from CNBC.

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