Rising Home Loan Demand Amid Increasing Fed Rate

Real Estate News "An industry trade group said on Thursday that U.S. mortgage applications rose for the first time in three weeks as interest rates on home loans fell from a four-year high during a week when the Federal raised borrowing costs."

MarketNews.Biz - US Mortgage Rates Rising, Creating Inflation Fears

Freddie Mac, the mortgage company, reported Thursday that interest rates on 30-year mortgages rose for a third straight week, hitting the highest level in more than four years as investors continued to express worries about inflation.