MBA Reports Lowest Number of Homebuyers in the Market Since 1996

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MBA Reports Lowest Number of Homebuyers in the Market Since 1996

As high mortgage rates continue to hamper homebuyers in the real estate market, the Mortgage Bankers Association (MBA) reports that mortgage applications have fallen to their lowest point since 1996 during the week ending Sept. 8. Even for those buyers who can manage today’s 7% rates, finding available housing remains a significant challenge, according to
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