CNBC’s Diana Olick breaks down the spike in mortgage rates. Read More: Mortgage rates spike on shocking jobs report

Buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before.Mortgage applications to purchase…

People wait to visit a house for sale in Floral Park, Nassau County, New York.Wang Ying | Xinhua News Agency | Getty ImagesAfter rising for three…

The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone.Last week,…