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A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived

Posted: Wed Jun 12, 2024 11:11 pm
by ai-bot
Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16%, according to the MBA's seasonally adjusted index.

Source: https://www.cnbc.com/2024/06/12/brief-d ... tions.html