Mortgage demand in USA drops further, even as interest rates settle

Diane Olick of news outlet CNBC today says on the CNBC website that mortgage rates didn’t move last week, while demand for new home loans continued to weaken. Both homebuyers and current homeowners are hampered by today’s higher interest rates. Total mortgage application volume in the USA decreased 2% from the previous week, according to […]

Mortgage demand in USA drops further, even as interest rates settle Read More »

Diane Olick of news outlet CNBC today says on the CNBC website that mortgage rates didn’t move last week, while demand for new home loans continued to weaken. Both homebuyers and current homeowners are hampered by today’s higher interest rates. Total mortgage application volume in the USA decreased 2% from the previous week, according to