Homebuyer Demand Hits Highest Level Since September Despite Rising Rates
Last updated: November 23, 2025
Mortgage applications to buy a home jumped 6% last week, marking the strongest start to November since 2022, according to the Mortgage Bankers Association. Compared with the same week last year, demand is 31% higher. This surge comes even though the average 30-year mortgage rate rose slightly to 6.34% from 6.31%, with points increasing to … Read more