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Full article on CNBC
Mortgage demand drops 8.5%, as interest rates swell to the highest level in 3 weeks
Market Intelligence Analysis
AI-Powered
Why This Matters
Mortgage demand has dropped 8.5% due to rising interest rates, which have reached their highest level in 3 weeks, primarily affecting refinances.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Mortgage rates rose last week, causing a large drop in demand for refinances. Homebuyer demand was essentially flat.
Original article published by
CNBC
on January 28, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.