The 12 weeks of positive purchase application data are now in the system, and people who applied for a loan are looking and buying.How does the sharp increase in rates directly impact those homebuyers?Some who recently applied for a mortgage were looking to buy as rates fell, but now they may hold off purchasing until rates cool off again.
#people #back #years #interesting #specifically #housing-market #federal-reserve #fewer-people #mortgage-rates
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