Weekly mortgage demand suddenly surges, despite lingering economic uncertainty

cnbc.com/2025/05/07/weekly-mortgage-demand-suddenly-surges-despite-lingering-economic-uncertainty.html

Mortgage interest rates dropped for the second straight week, although not by a lot. That was thanks to more negative news in the economy. But despite all that, weekly mortgage demand surged higher by 11%, according to the Mortgage Bankers Association's seasonally adjusted index.
The…

This story appeared on cnbc.com, 2025-05-07 11:00:02.
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