As Mortgage Rates Edge Higher, Homeowners Get The Wrong Idea

MSN Money, May 27, 2021–Clayton Jarvis
After a two-week surge in demand for refinance loans, homeowners have stepped back from the mortgage market, according to a weekly report from a major mortgage industry trade group. Refinances are down, and so are overall mortgage applications–as mortgage rates move in the opposite direction. (MBA mention)
https://www.msn.com/en-us/money/realestate/as-mortgage-rates-edge-higher-homeowners-get-the-wrong-idea/ar-AAKq6DS