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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Improved Vaccination Rates Would Fall Victim to Senate Health Cuts

Passage of the Senate’s health care bill, as proposed, would risk eroding national health in one little-discussed way, according to medical experts: It would eliminate cash that pays for vaccines to protect the most vulnerable among us from diseases like mumps, measles or the flu. Former Pres. Barack Obama’s Affordable Care Act (ACA) currently requires new health insurance plans to cover federally recommended vaccines for adults and children, without making patients share the costs through co-pays or deductibles—a “first dollar” coverage mandate meant to help Americans overcome the financial obstacle…

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