Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates

PUBLISHED WED, MAY 8 20247:00 AM EDT

By:Diana Olick

A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City.Spencer Platt | Getty Images

Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. That was enough to spark some new demand, especially for refinances. LEARN MORE…

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