Homebuying demand inches up as mortgage rates ease, Redfin says

Dec. 01, 2022 5:17 PM ETBy: Liz Kiesche, SA News Editor

An open house sign outside a house

joebelanger/iStock via Getty Images

Homebuying demand has ticked up as mortgage rates have declined a full percentage point in the past month, real estate broker Redfin said. Its Homebuyer Demand Index rose ~1.5% from a month earlier, and mortgage-purchase applications rose 4% from a week

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