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Mortgage demand rises despite volatile interest rates

Por: CNBC Business March 15, 2023

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watch nowVIDEO1:2901:29Mortgage rates tick higher on cool CPI reportDemand for mortgages increased for the , despite some volatility in mortgage rates.Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.71% from... + full article



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