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Posts Tagged ‘Mortgage demand’

Mortgage demand rises for the first time in six weeks, despite sharply higher interest rates

By Mohamed | September 21, 2022

Mortgage demand volume increased last week for the first time in six weeks, according to the Mortgage Bankers Association, despite a rise in interest rates. Abrupt swings in rates and uncertainty on the overall direction of the housing market are likely at play. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan…

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