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Mortgage demand from homebuyers is now nearly half what it was a year ago

Por: CNBC Business October 26, 2022

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A house's real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020.Saul Loeb AFP Getty ImagesMortgage demand fell last week to nearly half what it was a year ago, according to the Mortgage Bankers Association, as rates hit their highest level in 21 years.Overall, demand for mortgages is at the lowest level since 1997.Mortgage applications to purchase a home dropped 2% from the prior week and were 42%... + full article



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