Mortgage rates surge higher again, causing homebuyers to pull back
PUBLISHED WED, FEB 14 20247:00 AM ESTUPDATED AN HOUR AGO
By: Diana Olick
After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand.
Total mortgage application volume fell 2.3% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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