【CNBC】Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply

• Applications to refinance a home loan increased 1% last week but were still 56% lower than the same week one year ago.
• Mortgage applications to purchase a home fell 2% for the week and were 9% lower year over year.
• While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine

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