http://www.cnbc.com/2016/12/21/borrowers-brush-off-rising-rates-pushing-mortgage-applications-higher.html

Borrowers brush off rising rates, pushing mortgage applications 2.5% higher

Mortgage apps rise 2.5% despite rising rates

Mortgage apps rise 2.5% despite rising rates  

After watching interest rates rise for nearly two months, homebuyers and homeowners took baby steps back into the mortgage market.

Total mortgage application volume rose 2.5 percent, seasonally adjusted, last week versus the previous week, according to the Mortgage Bankers Association. Volume, however, is still nearly 11 percent lower than the same week one year ago.