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Mortgage rates hit highest level in 3 weeks, weakening demand further
Mortgage rates rose again last week, reaching their highest level in three weeks. This increase caused demand for both purchase and refinance loans to drop.
Related Signal
Adjacent reporting
- Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels
- Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
- Mortgage demand surged nearly 11% last week — even as interest rates stayed volatile
- Mortgage refinance demand drops 18% as rates hit highest level since August
- Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates