Mortgage Refinance Demand Drops 20% as Rates Rise to 10-Month High

CNBC, Apr. 7, 2021–Diana Olick
Mortgage rates moved higher again last week, causing homeowners and potential homebuyers to pull back on borrowing. Overall mortgage application volume decreased 5.1% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
https://www.cnbc.com/2021/04/07/mortgage-refinance-demand-drops-20percent-as-rates-rise-to-10-month-high.html