Mortgage Rates Set Another Record Low, But Borrowers Take a Step Back

CNBC, Aug. 5, 2020–Diana Olick
Even with another new low set last week, mortgage application volume decreased 5.1% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand is still considerably higher for refinances and purchase applications than it was a year ago.
https://www.cnbc.com/2020/08/05/mortgage-rates-set-another-record-low-but-borrowers-take-a-step-back.html