Mortgage demand slides further, even as interest rates pull back slightly
A for sale sign is posted in front of a home that is listed for over $1 million on April 29, 2022 in San Francisco, California.Justin Sullivan | Getty ImagesMortgage rates turned lower for the second straight week, but it wasn't enough to boost demand for either new purchase loans or refinances, according to a weekly report from the Mortgage Bankers Association.Rates are still much higher than they were for the past two years. Last week the average contract interest rate for 30-year fixed-rate mortgages with conforming…