Weekly Mortgage Refinance Demand Drops 5% after Rates Hit Highest Level Since November

CNBC, Jan. 20, 2021–Diana Olick
Now, several weeks of rising rates are dousing what was incredibly high demand for refinancing. That pulled total weekly mortgage application volume down 1.9% last week, according to the Mortgage Bankers Association’s seasonally adjusted index.
https://www.cnbc.com/2021/01/20/mortgage-refinance-demand-pulls-back-as-interest-rates-rise.html