Mortgage demand from homebuyers gets a boost as interest rates continue to fall
PUBLISHED WED, NOV 29 20237:00 AM ESTUPDATED 22 MIN AGO
By: Diana Olick
Mortgage rates fell last week for the fourth time in five weeks, and homebuyers appear to be responding. Demand from current homeowners to refinance, however, fell sharply.
That left total mortgage application volume essentially flat last week, up just 0.3% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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