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OverviewAPI
US mortgage rates continue to fall, reaching two-month lows, with purchase applications rising to a six-week high. However, the rates remain above 7%, and home prices are still high due to a shortage of listings. In Canada, home prices are predicted to fall more than previously forecasted, but the decline is not expected to be severe due to high pre-pandemic levels. Gasoline prices are falling due to seasonal factors involving the EPA's regulation of gasoline blends.

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