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At close · Tue, Sep 29, 2026
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Home›Real Estate›Mortgages›Mortgage demand falls for 7th straight week as rates s…

Mortgage demand falls for 7th straight week as rates surge

Reported · Written up by our desk · Mortgages

CNBC reports mortgage demand fell for the seventh straight week as mortgage rates climbed above 7% for the 30-year fixed.

The outlet says rates rising well over 7% is weighing on both refinance activity and homebuyer demand.

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Sources

CNBC MarketsMortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
CNBC Real EstateMortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard

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