US mortgage demand surges as interest rates drop sharply
Edited By WION Video Desk
Published: Mar 07, 2025, 04:15 IST | Updated: Mar 07, 2025, 04:15 IST
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As interest rates decline, US mortgage demand is soaring, with home loan applications jumping 20%. Buyers are returning to the market, fueling a housing rebound amid the Federal Reserve’s rate cuts. Will lower rates continue to drive home sales this spring?
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