Business

Mortgage Rates Rise, Weakening Demand

Updated 2026-08-26 11:10 UTC 1 source Negative

Mortgage rates have hit their highest level in three weeks, causing a drop in both refinances and purchase loans.

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CNBC

Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates rose to their highest level in three weeks.

2026-08-26 11:00 UTC