Weekly mortgage applications fall 5.8% as stock market plunge unnerves potential buyers

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Diana Olick | @DianaOlick

Published 7:00 AM ET Wed, 19 Dec 2018

• Even with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market.
• Mortgage application volume fell 5.8 percent last week from the previous week, according to the Mortgage Bankers Association.
• Volume was 17 percent lower than a year ago.

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