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Mortgage Demand Down Up To 88% From This Time Last Year

Por: Forbes Business November 24, 2022

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Nov. 17. (AP Photo/Nam Y. Huh)Copyright 2022 The Associated Press. All rights reserved. Key Takeaways Over the past few weeks mortgage demand has crept up slightly as mortgage rates have come down. Even so, the demand for refinancing has all but disappeared due to the higher rates, with the current figures 88% lower than this time last year. It’s not quite so bad for new mortgage applications, but those are still down 46% compared to this time... + full article



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