September Existing Home Sales Fall as Mortgage Rates Soar
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.