The post Mortgage demand to hit 12-year low as high interest rates hammer borrowers appeared first on Weekly Real Estate News.
Mortgage demand to hit 12-year low as high interest rates hammer borrowers
Housing Wire
Where are mortgage rates headed?
Bad news for mortgage professionals: not only are mortgage rates at their highest level in over two decades, they might not drop anytime soon. On Wednesday morning, the 30-year fixed mortgage rate was 7.29% at […]
Housing Wire
Mortgage demand rises amid MBS volatility
Consumer demand for home loans rose for the third consecutive week due to declining mortgage rates, following the turbulence in the financial markets caused by regional bank failures. But the same bank crisis is bringing […]
Mortage News
Mortgage rates won’t go back down to 3% in my lifetime, says real estate expert—here’s why
If you’re a U.S. homebuyer waiting for a return to super-low mortgage rates, don’t hold your breath. The short-lived era of 3% interest rates for 30-year fixed mortgages is over, and unlikely to return anytime […]