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MBA June 21 week mortgage applications......>

US DATA
US DATA: MBA June 21 week mortgage applications +1.3% after falling sharply in
the previous week. The refi index +3% and the purchase index -1% (+9% y/y NSA).
- The average 30-year conforming mortgage rate fell to 4.06% from 4.14% in the
previous week, hitting the lowest point since September 2017. MBA cited the
dovish FOMC statement as the key cause.

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