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It’s No Surprise Mortgage Application Volume Is At A 25 Year Low

It is no surprise that mortgage application rates have dramatically decreased, reacting to mortgage interest rates that have reached a 20 year high.  According to an article refinance mortgage applications are “86 percent lower than the same week in 2021”. Jann Swanson provides related statistics in her article:

Mortgage Application Volume Hits 25-Year Low

An article by Diana Click for states “The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand.” Read the full article here:  

Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand

During home buying, selling, and ownership there are times when you need to have documents notarized. The team at Notary Near You makes this process as easy as possible with our mobile notary service.  We come to you where ever you are, and at a time that works in your calendar!

Have questions about how our mobile notary service works? Please contact Notary Near You at 877-395-2650 or visit our website and we will gladly answer any questions you may have.

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Notary Near YouIt’s No Surprise Mortgage Application Volume Is At A 25 Year Low

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