Mortgage demand falls to the lowest level in 22 years, amid rising rates and slowing home sales - CNBC


6/8/2022 12:00:00 AM3 years 8 months ago
by Diana Olick

Mortgage demand continues to fall as interest rates rise further and affordability in the housing market weakens.

Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop. Total mortgag… [+1960 chars]

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