High Interest Rates Are Strangling The Mortgage Market

by John Hugh DeMastri at CDN

As mortgage and interest rates skyrocket, demand for new mortgages hit its lowest level in more than two decades last week, the Mortgage Bankers Association reported Wednesday. Demand for mortgages fell 4% on a weekly basis and was 38% lower than the same week last year, while demand for refinancing …

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Conservative Daily News
Author: John Hugh DeMastri

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