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Relief for homebuyers in 2023? Mortgage rates at lowest levels since September

Written by Bailey Schulz | Jan 19, 2023 3:36:41 PM

A dip in mortgage interest rates is spurring demand from homebuyers, according to a new report from the Mortgage Bankers Association, or MBA.

Mortgage applications last week jumped 28% from the week prior, according to seasonally adjusted data. The MBA’s refinance index also spiked 34% from the previous week.

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