In a volatile week for interest rates, mortgage demand pulled back

Mortgage rates started last week quite low and then shot higher, causing demand for both refinance and purchase mortgages to drop.

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30-year fixed mortgage rate jumps sharply Thursday to 7.45%
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
Mortgage rates rise to 7.45%
Mortgage rates rise to 7.45%
Coldwell Banker Realty CEO on housing market: Consumers are reacting to rising mortgage rates
Coldwell Banker Realty CEO on housing market: Consumers are reacting to rising mortgage rates
August new home sales beat estimates
August new home sales beat estimates
Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in
Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
KB Home reverses gains, stock falls sharply in extended trading
KB Home reverses gains, stock falls sharply in extended trading
Property Play: Scenes from a major housing conference the day after the Fed raised rates
Property Play: Scenes from a major housing conference the day after the Fed raised rates
When Your 62+ Buyer Says, “I’m Paying Cash,” There May Be Another Option
When Your 62+ Buyer Says, “I’m Paying Cash,” There May Be Another Option
What Are the Features of an Entertaining House?
What Are the Features of an Entertaining House?

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Tim Zielonka
Tim Zielonka

Managing Broker / Realtor License ID: 471.004901

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