Climbing mortgage rates result in mortgage application slowdown, 12% decline in refinancing: survey - Fox Business


4/6/2022 12:00:00 AM3 yearsago
by Peter Aitken

The housing market has seen a slowdown in activity despite a strong bump in jobs and wage growth in March.

Mortgage applications and refinancing continue to decline as rates climb, according to data from the Mortgage Banker’s Association (MBA).  "The 30-year fixed mortgage rate increased for the fourth c… [+1721 chars]

full article...