Mortgage Refinances Fizzle as Interest Rates Resume their Climb

CNBC, Dec. 15, 2021–Diana Olick
Applications to refinance a home loan decreased 6% for the week and were 41% lower than the same week one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. Last year at this time rates were about 45 basis points lower.
https://www.cnbc.com/2021/12/15/mortgage-refinances-fizzle-as-interest-rates-resume-their-climb.html