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US Mortgage Demand Jumps Despite Rising Interest Rates
US mortgage application volume increased by nearly 11% last week, even as interest rates continued to climb. This surge in demand indicates a surprising resilience in the housing market despite volatile economic conditions.
10 Jun, 11:00 — 10 Jun, 11:05
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
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cnbcMostly Factual61d ago
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates rose as well.
Read full article →seeking-alphaMixed61d ago
Mortgage demand surges even as rates rise
Read full article →Coverage Timeline
First report: cnbc · 10 Jun, 11:00|Full coverage: 2 · 5m|Window: 5m
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