Mortgage prices are increasing once more — so just why did more and more people make an application for mortgage loans?

Mortgage prices are increasing once more — so just why did more and more people make an application for mortgage loans?

Posted: Nov 16, 2019 10:44 a.m. ET

An average of, the 30-year fixed-rate home loan now is sold with an interest rate of 3.75percent

JacobPassy

Although home loan prices now stand more than they did a few months ago, more and more people are trying to get loans to get domiciles.

The 30-year mortgage that is fixed-rate 3.75percent through the week ending Nov. 14, up six foundation points through the past week, Freddie Mac FMCC, +3.00% reported Thursday.

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