The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022.
The post Mortgage Rates Go Up, Up and Away appeared first on Weekly Real Estate News.
Mortgage Rates Go Up, Up and Away
Housing Wire
Home loan demand increases despite higher mortgage rates
Higher mortgage rates did not scare away potential homeowners last week. Borrower demand for home loans increased across the board, despite rates being at their highest level in over a month. “There are still so many borrowers […]
Housing Wire
Mortgage rates trend down amid lower monetary, fiscal pressures
Mortgage rates jumped last week amid a debt ceiling impasse and expectations of another federal funds rate hike. However, rates have started to reverse course over the last few days, following news of a debt […]
Housing Wire
Higher mortgage rates, wider spreads follow debt ceiling impasse
The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden’s White House is adding pressure to a shrinking mortgage market. Amid the rising risk of government default, mortgage rates increased to […]
Be the first to comment