Mortgage Bankers Association (MBA)

The 4-week decline is the largest since 2008.

The latest survey showed mortgage applications decreased 1.9% from last week.

Economists say that report will make Fed's job harder.

Responds to CFPB's request for information published in September.

Third straight weekly decline in rates not enough to improve refi activity.

Now predicts lenders will originate $1.98 trillion overall in mortgages in 2023, down 12% from 2022 and down 3.5% from its October forecast.