Posted on November 14, 2020 by Eileen BeckMortgage demand from homebuyers drops to lowest level in 6 months Another record low interest rate on the 30-year fixed mortgage did not help drag homebuyers out of their recent slump. Related posts: What are the Biggest Real Estate Markets in the US and Why are they Successful When Other Markets are Not? Home prices rose 4.8% in July, according to Case-Shiller index Mortgage demand falls nearly 5%, even as interest rates set another record low Home purchase applications drop to lowest in six months