Mortgage Demand Drops as Bank Failures Hit Jumbo Loan Rates

CNBC, May 3, 2023–Diana Olick
Mortgage applications to purchase a home dropped 2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was 32% lower than the same week one year ago.
https://www.cnbc.com/2023/05/03/mortgage-demand-drops-as-bank-failures-hit-jumbo-loan-rates.html