New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.

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Nasdaq On Track To Beat NYSE In Record IPO Year
According to data from Dealogic, the Nasdaq is on track to beat the NYSE in IPOs this year, raising $191 billion so far, compared with the NYSE's $109 billion. Louis Cordone, senior president of Data Strategy at AST, discusses why 2021 was so successful for IPOs, and what differentiates the two exchanges.
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