EU Launches International Association Of Trusted Blockchain Applications

The European Commission launched the International Association of Trusted Blockchain Applications (INATBA) to foster the development and global adoption of blockchain and Distributed Ledger Technology (DLT) by developing a regulatory framework. The launch took place at the European Commission in Brussels, Belgium on Tuesday, with more than 100 founding members.
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Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer.
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Mortgage refinance applications hit 18-year low

With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to make a move last week, and there was even less for homeowners looking to save money on their mortgages.
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Weekly mortgage applications fall 1.7% as interest rates move above 5%

Extremely weak demand for mortgage refinances has been driving the overall drain on mortgage lending. Refinance volume fell another 3 percent last week and was 32 percent lower than a year ago.
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