Mortgage Rates Are Rising Again, but Homebuyers Are Seeing Some Advantages

CNBC, July 22, 2026-Diana Olick

Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts. That helped push total mortgage demand last week 1.9% higher compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

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