Mortgage Applications Rise 6.2% Despite Higher Rates

CNBC, Nov. 18, 2015–Olick, Diana

Home loan borrowers seem undeterred by the highest interest rates in five months, or perhaps provoked by them. This is especially evident among homebuyers. Mortgage application volume increased 6.2 percent last week from a week earlier, according to a survey by the Mortgage Bankers Association.

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