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Market Impact: 0.2
Mortgage rates drop for the third straight week, but homebuyers are still leaving the market
Source: CNBC
Housing & Real EstateInterest Rates & YieldsConsumer Demand & RetailInflation
Mortgage rates fell again last week, but homebuyer mortgage demand continued to decline. High home prices and inflation are stretching affordability, offsetting the relief from lower rates.
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Overall Sentiment
mildly negative
Sentiment Score
-0.20
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