Money Homebuyers again retreat to the sidelines as higher rates crimp affordability March 7, 2023March 7, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Homebuyers again retreat to the sidelines as higher rates crimp affordability Mortgage application volumes were 44% lower than the same week one year ago. The Refinance Index was 74% lower than the same week last year.