Note: The Refinance Level is at its lowest mark since the year 2000. See Cullen’s chart. Also the Mortgage Banker’s Association reports mortgage apps are off -19% year over year:
Calculated Risk headline: MBA: Mortgage Applications Decrease in Latest Weekly Survey
by Calculated Risk on 7/20/2022 07:00:00 AM
https://www.calculatedriskblog.com/2022/07/mba-mortgage-appl…