Economic Report: Mortgage applications fall to the lowest pace in 25 years, as interest rates nearing 7% spook buyers
Economic Report: Mortgage applications fall to the lowest pace in 25 years, as interest rates nearing 7% spook buyers
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Mortgage applications fell 14.2% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.75%.
Mortgage applications fell 14.2% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.75%.

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