Mortgage Demand Sinks Even as Rate Drop for Second Week in a Row

CNBC, July 6, 2022–Lisa Rizzolo
Rates fell 10 basis points last week and have declined 24 basis points in the last two weeks, but total mortgage demand dropped 5.4% from one week ago, according to data from the Mortgage Bankers Association.
https://www.nbcnews.com/business/business-news/mortgage-demand-sinks-even-rates-drop-second-week-row-rcna36845