Mortgage Demand

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Mortgage demand stalls after mini refinance boom
CNBC Televisionยท 2025-09-24 11:57
All right, the mortgage numbers just released after a volatile week for interest rates. Diana Olick is here. She's got more on that front.Diana, good morning. >> Good morning, Becky. Yeah, and you remember last week when we saw that massive 58% weekly surge in refinance demand.Mortgage demand stalled though last week, even though interest rates fell further. The average rate on the 30-year fix for conforming loans dropped to 6.34% from 6.39%. That's for loans with 20% down.But that's the lowest level since ...