Mortgage applications slump as rates return above 7%
Housing Wire
FEBRUARY 21, 2024
Potential homebuyers are quite sensitive to these rate changes, as affordability is strained with both higher rates and higher home values in this supply-constrained market.” As of Wednesday, the 30-year fixed rate on HousingWire’s Mortgage Rates Center , powered by Polly , stood at 7.21%.
Let's personalize your content