CNBC4/22/2026Business
Mortgage Applications Rise as Interest Rates Decline for Third Consecutive Week
Increased demand from homebuyers and refinancers follows a dip in mortgage rates and a resilient job market
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- Mortgage application volume increased by 7.9% last week as 30-year fixed rates fell to 6.35%.
- The rise in demand is attributed to lower rates, a strong job market, and higher housing inventory, despite ongoing geopolitical volatility.
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Mortgage application volume increased by 7.9% last week as 30-year fixed rates fell to 6.35%. The rise in demand is attributed to lower rates, a strong job market, and higher housing inventory, despite ongoing geopolitical volatility.
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This article was originally published by CNBC.
