Mortgage demand spiked markedly higher last week as consumers returned from the holidays to find overall lower interest rates and then a sharp rate drop Friday on news from the White House.
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Mortgage refinance demand surges 40% higher after Trump post briefly tanks interest rates - CNBC
Mortgage rates dropped markedly at the end of last week, causing a huge jump in demand to refinance and a smaller surge in demand from home buyers.
By:Diana Olick
Source:CNBC
Published:
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