International Economic

US mortgage applications fall 2.7pc as rates hit 11‑month high

By Iain Gilbert

Date: Wednesday 15 Jul 2026

(Sharecast News) - US mortgage applications fell 2.7% in the week to 10 July, according to the Mortgage Bankers Association, extending the prior week's decline.
Last week's drop came as the benchmark 30‑year fixed mortgage rate rose seven basis points to 6.65%, matching its highest level in 11 months. The MBA...

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