Rates hit the upper 5% briefly as buyers returned with pent-up demand with multiple offers on well-priced homes.<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="399" src="https://www.youtube.com/embed/QmLjOaDr7_E" title="Mortgage Rates Bobbled at 5.8% and Multiple Offer Return!" width="709"></iframe>