Rising interest rates had a direct impact on mortgage demand, which had been rising for weeks.
Rising interest rates had a direct impact on mortgage demand, which had been rising for several weeks.
Mortgage demand to purchase a home, which had been rising for three straight weeks, dropped 5% for the week.David Paul Morris | Bloomberg | Getty Images Total mortgage application volume dropped 4.4% last week compared with the previous week, according to the's seasonally adjusted index. Demand is now at its lowest level in a month.
While that was the average rate for the week, a separate survey from Mortgage News Daily showed the rate crossed over 7% last Thursday. It has remained above that mark since then, rising to 7.08% on Tuesday of this week.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Today’s mortgage rates for July 5, 2023Looking for the most up-to-date mortgage rates to empower your purchasing or refinancing decisions? We’ve got you covered
Weiterlesen »
Face it, the 3% mortgage rate is not coming backIt's not realistic anymore to delay a home purchase in the hope that mortgage rates will fall. Embracing this reality will hasten your chance of owning a home.
Weiterlesen »
Consumer watchdog introduces new guidelines to protect 'at risk' mortgage borrowersCanada’s financial consumer watchdog has released new guidelines aimed at protecting consumers at risk of defaulting on a mortgage. Read on
Weiterlesen »
2 Americans among the rising stars in the coming FIFA Women's World CupA look at some of the rising stars who will be playing at the Women's World Cup.
Weiterlesen »
Forex Today: Markets turn cautious on rising US-China tensions, eyes on FOMC MinutesHere is what you need to know on Wednesday, July 5: There is a negative shift in risk mood early Wednesday amid escalating tensions between China and
Weiterlesen »
Managing your portfolio through rising inflationThis top-notch video will teach you how to manage your portfolio through rising inflation 👏 👏 If you're a forex or stocks trader, surely you won't want to miss it. Check it out! ➡️ ➡️
Weiterlesen »