top of page
Search
  • Metro East REIA

Mortgage Demand Hits a 22-Year Low

CNBC’s Diana Olick says mortgage demand recently hit a 22-year low as buyers worry about higher interest rates and inflation. She says “pain in the mortgage market” is only getting worse. However, she also points out that the market is going to become less competitive for sellers as the number of multiple offers dramatically shrinks. Continue reading HERE...

2 views0 comments

Recent Posts

See All

Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

Comments


bottom of page