Housing Demand Up as Homebuyers Stare Down Rising Mortgage Rates

Two reports from Redfin, Seattle, said home buyers appear undeterred by rising interest rates, driving demand for housing.
A Redfin-commissioned survey involving 1,300 people who planned to buy a home in the next year said just 5 percent said they'd call off their search if rates rose above 5 percent. Twenty-four percent of buyers said such an increase would have no impact on their search. These…

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