Weekly Mortgage Demand Surges 11% as Rates Near 4-Year Low

Weekly mortgage demand saw an 11% increase last week, driven by lower mortgage rates that spurred refinancing and renewed interest from homebuyers, though rates have since risen.

4 Mar, 12:00 — 4 Mar, 12:00

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cnbcMostly Factual32d ago

Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low

Lower mortgage rates last week caused a run on refinancing and renewed interest from homebuyers, but rates have already moved higher again.

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Weekly Mortgage Demand Surges 11% as Rates Near 4-Year Low

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Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low

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