International Economic

US mortgage applications slump 2.7pc as mortgage rates rise

By Iain Gilbert

Date: Wednesday 09 Sep 2026

(Sharecast News) - US mortgage applications decreased 2.7% in the week ended 4 September, according to the Mortgage Bankers Association, more than reversing the 0.8% increase seen a week earlier.
The drop came as benchmark mortgage rates rose sharply, with the 30‑year fixed rate hitting a 15-month high of 6.58%, amid...

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