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BUSINESSAug 5 · 11:00 UTCCNBC TOP

Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels

Mortgage rates reached their highest level in over a year, leading to a decline in total mortgage demand compared to the previous year's levels.

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Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels · The Nexus