A "For Sale" outside a house in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved a little bit higher last week, for the second week in a row, but are still in a range that consumers appear to like. Total mortgage application volume rose 9.9% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. An additional adjustment was made for the New Year's holiday. The average…
Mortgage demand jumps nearly 10% to start the year, even as interest rates tick…
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