Mortgage Demand Is On The Rise
The recent softening in house prices may be helping homebuyers swallow higher rates. Despite a rise in rates, demand for mortgages rebounded.
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The recent softening in house prices may be helping homebuyers swallow higher rates. Despite a rise in rates, demand for mortgages rebounded.
Pending Home Sales fell 4% from October to November, marking the sixth straight monthly decline. Sales were also 37.8% lower.