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Event Brief

Mortgage Demand Drops 8.5% Amid Rising Interest Rates

Mortgage rates increased, leading to a significant decline in refinance demand.
WHO: Homebuyers and mortgage lenders
WHAT: Drop in mortgage demand due to rising interest rates
WHEN: Jan 28, 2026 at 7:00 AM ET
WHERE: United States
WHY: Interest rates reached the highest level in 3 weeks
Sources (1): CNBC Top News

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