Mortgage loan applications for new home purchases dropped 9 percent in April 2021, and it was the third straight month of reduced application volume.
High Demand and Low Inventory equals Increased Prices, Resulting in Reduced Home Sales
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Misleading Headlines Confuse Borrowers: Are Interest Rates Higher or Lower?
If you’ve found yourself confused by recent headlines relating to mortgage interest rate, you are not alone! When reliable sources report contradictory information, even the leaders in the industry are left scratching their heads.