Mortgage applications fall for third straight week, despite lower interest rates

nterest rates were much higher back then. Overall volume for mortgage applications fell 1.4% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was still 35% higher than a year ago, when interest rates were significantly higher.   Homebuyers, or lack thereof, drove demand lower. Mortgage applications to purchase a home fell 3% for the week but were 6% higher than a year ago. The shift may be less about rates and more about what kind of homes are for sale and at…

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Apple recently hired a prominent obstetrician, signaling interest in women’s health

Photographer | Collection | Getty Images Apple’s health team has hired an obstetrician, Dr. Christine Curry, to look into how the company can bolster its efforts in women’s health, among other projects, according to three people familiar with the hire. Apple CEO Tim Cook has described health care as a growing priority and a major part of Apple’s legacy. He told CNBC’s Jim Cramer in January, “If you zoom out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’ It will…

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