Thirty-year, fixed-rate loans hit 6.982 percent on Oct. 13, a new 2022 high, according to an Optimal Blue Mortgage Market index. According to an index by Mortgage News Daily, rates were at 7.15 percent.
Source: Inman News
Mortgage demand hits lowest level since 1997 as rates continue to rise
Published in adjustable-rate mortgage, ARM loans, Joel Kan, Markets & Economy, Mortgage, mortgage bankers association, mortgage rates and Select
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