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Mortgage demand falls to the lowest level in 22 years

Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop.Total mortgage application volume fell 6.5% last week compared with the...

Homebuilder sentiment drops to lowest level in 2 years as housing demand slows

A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private residential construction in the U.S. rose 2.7% in November.George Frey | Bloomberg | Getty ImagesSentiment among the nation's homebuilders fell for the sixth straight month to...