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Purchase Mortgage Applications Hit Highest Since Early 2023 as Rates Hover Near Low-6%

Markets are leaning toward a December Fed cut, yet mortgage pricing will be set by Treasury yields rather than the Fed’s move.

Mortgage Rates Slip to 6.37% as Refinances Climb and ARMs Gain Share

Mortgage Rates Rebound to Mid-6% After Fed Cut, Ending Brief Refi Burst