Soaring Interest Rates Weigh on Big Bank Mortgage Loan Growth

Reuters, Apr. 18, 2022–Elizabeth Dilts Marshall, Michelle Price
While rate rises can be good for bank profits, the surge in borrowing costs is dampening demand for mortgage originations, according to Mortgage Bankers Association data and bank executives.
https://www.reuters.com/business/finance/soaring-interest-rates-weigh-big-bank-mortgage-loan-growth-2022-04-18/