Lower mortgage rates did very little to move mortgage demand out of a rut it's been in for weeks. Potential buyers need much lower rates to make a difference.
source https://www.cnbc.com/2025/09/03/mortgage-demand-from-homebuyers-pulls-back-after-four-weeks-of-gains.html
Mortgage demand from homebuyers pulls back, after four weeks of gains
September 03, 2025
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Mortgage demand from homebuyers pulls back, after four weeks of gains
Housing Market