Mortgage Demand Drops Again as Interest Rates Continue to Rise
Realty Biz
AUGUST 11, 2023
According to a recent CNBC article , the Mortgage Bankers Association (MBA) reported that its seasonally adjusted index of mortgage applications decreased 6.7% for the week ending August 5th. Rising interest rates are making it more expensive to buy a home, and this is discouraging some potential homebuyers from entering the market.
Let's personalize your content