Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit

A single family home is shown for sale in Encinitas, California.Mike Blake | ReutersMortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week.Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index….