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Mortgage demand from homebuyers hits highest level since September
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Mortgage demand from homebuyers hits highest level since September

1 min read

Homebuyer demand for mortgages climbed last week to the highest level since September, even though interest rates also rose. Refinance demand, however, dropped.

As the housing market heads into its traditionally slowest season, homebuyers are making one last gasp, likely due to more supply on the market and softening prices. Mortgage applications to purchase a home rose 6% last week to their strongest pace s... [1491 chars]

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Source: CNBC

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