Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why

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Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why

cnbc.com/2025/05/28/mortgage-rates-highest-level-since-january.html

Mortgage rates rose for the third straight week last week to the highest level since January, but some homebuyers were undeterred.
Mortgage applications to purchase a home rose 2% compared with the previous week and were 18% percent higher than the same week one year ago, according to…

This story appeared on cnbc.com, 2025-05-28 11:00:01.