U.S. mortgage application activity dipped 4.7%

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Mortgage rates have eased to 6.30 % this week, down from 6.34%. (Freddie Mac, AP News)

In North Texas, more sellers are trimming home prices as the market cools — ~27 % of DFW listings now show reductions, well above the national average. (MetroTex)

Meanwhile, U.S. mortgage application activity dipped 4.7%, with refinance demand especially weak. (MBA)

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