Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher
Total mortgage application volume was 52.7% lower last week than the same week one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index....
Mortgage refinance demand plunges 60%, as rates hit their highest level since 2018
Mortgage rates took another jump higher last week, taking their toll on current borrowers who might have wanted to refinance. Demand from homebuyers, however, appears...