Mortgage Demand Falls Nearly 5% Even as Interest Rates Set Another Record Low

CNBC, Sept. 30, 2020–Diana Olick
Despite another interest rate drop, demand for refinancing and purchasing mortgages fell last week, with total mortgage application volume down 4.8% from the previous week, according to the Mortgage Bankers Association.
https://www.cnbc.com/2020/09/30/mortgage-demand-falls-nearly-5percent-even-as-interest-rates-dip-to-record.html