Lower mortgage rates last week caused a run on refinancing and renewed interest from homebuyers, but rates have already moved higher again.
source https://www.cnbc.com/2026/03/04/weekly-mortgage-demand-surged-11percent-higher-last-week.html
Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
March 04, 2026
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Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
Housing Market