Mortgage rates have dropped for the fifth week in a row to a two-month low, in tentative signs of life for the housing market. The average 30-year fixed rate fell by 10 basis points from 6.4 percent to 6.3 percent in the week ending April 7, data from Mortgage Bankers Association (MBA) showed Wednesday. Hunger for new homes is also rising, with mortgage applications up by 7.8 percent - the most since January, reports.
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