Demand for mortgages fell 13.3% in the latest week as rates go back to highs last seen in November.
Demand for purchase applications has plunged to the lowest level in nearly three decades, since 1995, the MBA said. The big picture: The housing market is incredibly rate-sensitive, and it’s demonstrating that in the latest data. Every percentage point increase in mortgage rates affects a buyer’s wallet, so it’s clear why they’re putting off purchasing a home.
When are those millions of criminal aliens going to live? Are they going to squat in your home if you leave for a vacation? You bet they will.
Thanks to bidenflation…
🔥🔥🔥🔥🔥🔥
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Today’s mortgage rates for Feb. 20, 2023Looking for the most up-to-date mortgage rates to empower your purchasing or refinancing decisions? We’ve got you covered
Source: njdotcom - 🏆 282. / 63 Read more »
Today’s mortgage rates for Feb. 21, 2023Looking for the most up-to-date mortgage rates to empower your purchasing or refinancing decisions? We’ve got you covered
Source: njdotcom - 🏆 282. / 63 Read more »
Bad news for home buyers: Mortgage rates inch towards 7%, highest level in 2023The typical mortgage now costs a homebuyer $2,300 a month, based on a 20% downpayment for a $359,000 home. Slaughtered any momentum from start of year. Watch amlivemon Don’t you mean bad news for home ‘sellers’
Source: MarketWatch - 🏆 3. / 97 Read more »
Today’s mortgage rates for Feb. 22, 2023Looking for the most up-to-date mortgage rates to empower your purchasing or refinancing decisions? We’ve got you covered Home sales fell again in January,12 th consecutive month.slowest pace in 12 years. Prices in most markets have dropped more broad drops are expected shorty. Real estate agents are feeling the pinch. Average homeowner has seen abou 40K drop in equity position v since market peak
Source: njdotcom - 🏆 282. / 63 Read more »