Though mortgage rates are down from their peak in October, when they reached the highest levels since 2000, they are still more than twice as high as in 2021.
The MBA's overall index for mortgage applications climbed 7.1% last week to a four-week high. The measure for refinancing rose 12.2%, the most in five weeks.
#us-mortgage-rates #home-purchase-applications #mortgage-bankers-association #housing-market #refinancing
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