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Home›Real Estate›Mortgages›Mortgage rates tick up again as homebuyer demand rises

Mortgage rates tick up again as homebuyer demand rises

Rates rose to the highest level since last August, while demand increased as buyers anticipated more available listings.

Reported · Written up by our desk · Mortgages

Mortgage rates rose again last week, reaching the highest level since last August, CNBC Real Estate reported.

Even with the higher borrowing costs, homebuyer demand climbed, as buyers saw more supply on the market.

The shift suggests demand is improving alongside gradual improvements in the availability of homes, according to CNBC Real Estate.

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Sources

CNBC Real EstateMortgage rates are rising again, but homebuyers are seeing some advantages

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