Americans Aren’t Ready for an Interest Rate Hike
Newsweek, Sept. 17, 2015–McGrath Goodman, Leah
This summer, Americans raced to buy and refinance their homes, with new mortgage applications climbing more than 20 percent from June to mid-August, says Joel Kan, associate vice president of industry surveys and forecasting for the Mortgage Bankers Association. This, he said, is allowing some Americans to regain a bit of financial footing.
