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
More from adjustable-rate mortgageMore posts in adjustable-rate mortgage »
More from ARM loansMore posts in ARM loans »
- ‘Inflation is still running too high’: Homebuyers stunned by rate surge
- Mortgage demand stalls as rates climb toward 7% on Fed moves
- Mortgage demand flattens as rates make another run toward 6%
- First-time homebuyers may be driving FHA, VA loan surge
- Rising mortgage rates take a toll on demand for FHA, VA loans
More from Joel KanMore posts in Joel Kan »
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Rising mortgage rates threaten to curtail spring homebuying
- Homebuyer purchase loan demand falls again as mortgage rates firm
- Demand for purchase mortgages climbs for 3rd week in a row
- Purchase loan applications soar 9% following drop in mortgage rates
More from Markets & EconomyMore posts in Markets & Economy »
- Luxury home prices have reached new heights: Redfin
- 7 strategies to turn today’s bad economic news into more deals
- Gone, not forgotten: The Oklahoma City bombing 29 years later
- Existing-home sales drop in March as high rates stun homebuyers
- 2 buyers scramble to make a deal as the spring market sprints ahead
More from MortgageMore posts in Mortgage »
- Digital insurance marketplace Matic grows mortgage clientele
- Shape real estate’s future: Take the Inman Intel Index survey for April
- Industry gets some clarity on mortgage commission rules
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Instead of cutting rates, what if the Federal Reserve raises them?
More from mortgage bankers associationMore posts in mortgage bankers association »
More from mortgage ratesMore posts in mortgage rates »
- Luxury home prices have reached new heights: Redfin
- 2 buyers scramble to make a deal as the spring market sprints ahead
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Homeseller sentiment is lukewarm as spring homebuying ramps up
- Instead of cutting rates, what if the Federal Reserve raises them?
More from SelectMore posts in Select »
Be First to Comment