Quartz·1 min read·easy
Mortgage demand is slipping as rates hover stubbornly above 6.5%
✦AI Summary
Mortgage demand in the U.S. remains low as interest rates continue to hover above 6.5%. Data for the week ending July 3 shows that both purchase and refinance activity remain subdued.
The 30-year fixed rate edged up to 6.58% for the week ending July 3, keeping refinance and purchase activity subdued
businesseconomy
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