Mortgage refinance applications hit 18-year low

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With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to make a move last week, and there was even less for homeowners looking to save money on their mortgages.

 

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Raise the rates and let’s see how solid our real estate market really is.

The market has been halted 😭

Stop the FEDS from hiking rates👎🏻

Keep raising rates and this is what happens. It’s pretty simple actually

Stop raising the rates !

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U.S. home refinancing requests fall near 18-year low: mortgage groupU.S. borrowers filed the fewest applications for home refinancing in almost 18 y... Keep raising interest rates... So who buys houses at the beginning of the holidays and the middle of the school year unless you absolutely have to? Thats what happens when interest rates go up.
Source: Reuters - 🏆 2. / 97 Read more »