Weekly Mortgage Demand Surges 11% as Spring Market Heats Up
Wednesday, 6 March 2024, 12:04
Overview:
Mortgage demand soared by 11% in the past week, signaling a strong start to the spring season. Despite the higher mortgage rates, the housing market has shown resilience.
Key Highlights:
- Surge in Demand: Mortgage applications rose by 11%.
- Spring Housing Market: The increased demand aligns with the start of the spring season.
- Impact of Rates: Higher mortgage rates have not deterred prospective buyers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.