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Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Weekly mortgage demand increased nearly 11%, driven by both current homeowners and potential buyers, despite rising interest rates. The surge occurred even as interest rates climbed, indicating strong demand despite market volatility.
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Adjacent reporting
- Mortgage demand surged nearly 11% last week — even as interest rates stayed volatile
- Rising mortgage rates cause surge in demand for riskier loans
- Mortgage rates jump to highest level since March on hotter inflation reports
- Mortgage rates surge to highest level since July
- What does the new inflation surge mean for mortgage interest rates?
- Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off