Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise - Another Devil's Advocate

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Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise - Another Devil's Advocate

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April 20, 2022

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CNBC

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Refinance demand fell another 8% for the week and was 68% lower than the same week one year ago. Mortgage applications to purchase a home fell 3% for the week and were 14% lower than the same week one year ago.

Home » Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise

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