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Weekly mortgage demand drops 6%, as homebuyers remain 'on the fence'

Summary by CNBC

Mortgage rates dipped slightly last week, but so did mortgage demand, as housing affordability continues to sideline potential buyers.

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Mortgage rates dipped slightly last week, but so did mortgage demand, as housing affordability continues to sideline potential buyers.

Applications to purchase a home loan fell 6% last week compared with the previous week, the Mortgage Bankers Association reported on Wednesday.

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UrbanTurf broke the news in 4 days ago on Wednesday, February 19, 2025.

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