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Mortgage demand drops, even as rates fall to the lowest since April
Mortgage demand to buy a home and to refinance a loan declined, despite falling interest rates. Weak consumer confidence is the culprit.
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cnbc.com
Mortgage demand drops, even as rates fall to the lowest since April
Mortgage demand to buy a home and to refinance a loan declined, despite falling interest rates. Weak consumer confidence is the culprit.
- ·
upi.com
May U.S. mortgage demand drops 4.5% from year ago - UPI.com
The Mortgage Bankers Association reported that May mortgage demand was down 4.5% year-over-year, despite lower interest rates. Refinance demand also was lower in May.