Mortgage Demand from Homebuyers Drops to a 28-Year Low

CNBC, Mar. 1, 2023–Diana Olick
Mortgage applications to purchase a home dropped 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 44% lower than the same week one year ago, and is now sitting at a 28-year low.
https://www.cnbc.com/2023/03/01/mortgage-demand-falls-interest-rates-rise.html