Surging “Mortgage Demand” and “Declining Spending,” Really? Let’s Have a Look at Reality

Surging “Mortgage Demand” and “Declining Spending,” Really? Let’s Have a Look at Reality

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Home buyers “seize a dip in rates” and rush back into the housing market, LOL? For example, on CNBC this morning, we read: “Mortgage demand climbs to the highest level in five weeks after interest rates move lower. Or on MarketWatch, we read: “U.S. mortgage demand hits five-week high as buyers…

#lol #marketwatch #wsj #beneath

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