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Higher mortgage rates push application denial rates up: St. Louis Fed
C
CNBC
June 4, 2026
Mortgage RatesSource: GNews
The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found.
The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found....
Source Reference
Originally published by CNBC
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