Mortgage Rates Hit Highest Level Since July, Crushing Application Demand

CNBC, Jan. 8, 2024-Diana Olick
Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even further. Total mortgage application volume fell 3.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the New Year’s holiday.
Click here for more