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U.S. Mortgage Applications Rise 3.4% as ARM Share Hits 11.3%

The 30-year fixed contract rate for conforming loans of $832,750 or less fell to 7.37%. Purchase and refinance applications also rose from the previous week.
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The 30-year fixed contract rate for conforming loans of $832,750 or less fell to 7.37%. Purchase and refinance applications also rose from the previous week.