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Mortgage demand tumbles as interest rates rise to highest level since December

 Realtor.com chief economist Danielle Hale breaks down housing affordability on ‘Maria Bartiromo’s Wall Street.’ A key measure of home-purchase applications slumped last week amid a sharp increase in mortgage rates. The Mortgage Bankers Association’s (MBA) index of mortgage applications fell 2.3% for the week ended Feb. 9, compared with the …

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