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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Lifestyle changes could prevent a third of dementia cases, report suggests

More than a third of dementia cases might be avoided by tackling aspects of lifestyle including education, exercise, blood pressure and hearing, a new report suggests. Approximately 45 million people worldwide were thought to be living with dementia in 2015, at an estimated cost of $818bn. Drop in dementia rates suggests disease can be prevented, researchers say Read more And numbers are rising: in England and Wales it is estimated that 1.2 million people will be living with dementia by 2040 – a 57% increase from 2016 figures, largely driven by people…

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