Mortgage Rates Fall to a Four-Week Low, But Homebuyers Still Pull Back…

CNBC, Dec. 22, 2021–Diana Olick
Even a small drop in interest rates couldn’t bring more buyers in, although it did boost refinance demand slightly. As a result, total mortgage application volume last week was essentially unchanged, falling 0.6% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
https://www.cnbc.com/2021/12/22/mortgage-rates-fall-to-a-four-week-low-but-buyers-still-pull-back-.html