Applications have dropped last week even though rates have hit their lowest level ever. Could this be a sign of a changing market with respect to refinances?

Applications have dropped last week even though rates have hit their lowest level ever. Could this be a sign of a changing market with respect to refinances?
I dont find this a hard decision at all – she should not lose her license. A person shouldn’t lose their ability to earn a living just for a stupid racist comment. Although I would not tolerate statements like that, as an employer, I wouldn’t necessarily fire her for a first-time offense. Of course, repeated statements or any evidence of unfair treatment of applicants based on their ethnicity or other non-relevant factors would be reason for immediate dismissal from my company.