Mortgage demand drops to a 25-year low, as interest rates climb

Econ & Housing

A sign is posted in front of a home for sale on July 14, 2022 in San Francisco, California. The number of homes for sale in the U.S. increased by 2 percent in June for the first time since 2019.Justin Sullivan | Getty ImagesMortgage demand, which has suffered four straight months of declines, fell last…

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