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Mortgage rates are at yearly highs, but housing demand is still positive

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Logan Mohtashami
May 16, 2026
Mortgage RatesSource: RSS Feed

Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.

Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%....

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Originally published by Logan Mohtashami

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