Mortgage Volume Gets Crushed by Spiking Interest Rates: What it Means for Future Home Sales and Consumer Spending - WOLF STREET

4/28/2022 12:00:00 AM3 years 10 months ago

The boom is over. And there are broader effects.

The boom is over. And there are broader effects. Spiking mortgage rates multiply the effects of exploding home prices on mortgage payments, and it has taken layer after layer of homebuyers out of th… [+5233 chars]

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