Jump to content

Fake articles by cnbc on housing market

chandrabhai7

By chandrabhai7
in Discussions

 Share

Recommended Posts

chandrabhai7 Celebrity

chandrabhai7

Posted
Posted
AL ESTATE

Mortgage demand falls to the lowest level in 22 years, amid rising rates and slowing home sales

PUBLISHED WED, JUN 8 20227:00 AM EDT
KEY POINTS
  • The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.40% from 5.33%.
  • Applications for a mortgage to purchase a home fell 7% for the week and were 21% lower than the same week one year ago.
  • Refinance demand dropped 6% for the week and was down 75% year over year.
 

Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York.

Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York.
Newsday LLC | Newsday | Getty Images
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing
×
×
  • Create New...