Mortgage Applications Surge to Two-Year High Amid Rate Fluctuations

TL;DR Summary
A recent drop in mortgage rates to a three-month low led to a 9.4% weekly increase in mortgage applications, driven by increased homebuyer demand and refinancing, although overall market sentiment remains uncertain with rising rates and high contract cancellation rates.
- Homebuyers finally responded, after mortgage rates hit lowest level in three months CNBC
- US Mortgage Applications to Buy a Home Jump to Two-Year High Yahoo Finance
- Mortgage Applications Hit 2-Year High As Loan Rates Dip Investopedia
- Refi Rates Veer Higher: Current Mortgage Refinance Rates on July 8, 2025 AOL.com
- Mortgage Rates Still Lower Than May/June Despite Drifting Higher Mortgage News Daily
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