2 | What to Choose: Fixed Vs. Floating Interest Rates? | askHousing | 'Home Loans' | Housing.com
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2 | What to Choose: Fixed Vs. Floating Interest Rates? | askHousing | 'Home Loans' | Housing.com
7.4K viewsOct 7, 2023
YouTubeHousing.com
Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total #mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Read more at the #linkinbio or the link on screen.
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Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total #mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Read more at the #linkinbio or the link on screen.
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The average rate on the popular 30-year fixed #mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. Read more at the #linkinbio or the link on screen. #CNBC
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