Total mortgage applications tracked by the Mortgage Bankers Association fell 13.1% for the week ending February 18 to the lowest since December 2019.
Refis slid 15% on the week and were down 56% from a year earlier.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 17 seconds
Weekly Mortgage Demand Slides to Two-Year Low
A weekly measure of mortgage demand has tumbled to its lowest level in more than two years. So reports CNBC.
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