Mortgage Demand from Homebuyers Drops 10% as Interest Rates Jump

CNBC, Apr. 19, 2023–Diana Olick
Mortgage applications to purchase a home dropped 10% from the week before, according to the Mortgage Bankers Association’s seasonally adjusted index. Buyer demand was 36% lower than the same week one year ago when the 30-year fixed-rate mortgage averaged 5.20%.
https://www.cnbc.com/2023/04/19/mortgage-demand-from-homebuyers-drops-10percent-as-interest-rates-jump.html