Homebuyer Demand May Have Peaked as Mortgage Applications Eke Out a Weekly Gain

CNBC, Oct. 28, 2020–Diana Olick
Mortgage applications to purchase a home, which had fallen for four straight weeks, were essentially flat last week, rising just 0.2%, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinances helped to push total mortgage application volume up 1.7% last week compared with the previous week.