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Housing Beat: Mortgage Rates Break 4% Barrier; New Peak For Median Home Sales Price; Vacation Homes Lose Appeal
Benzinga, Mar. 17, 2022–Phil Hall
“Rates are now roughly a full percentage point higher than a year ago and continue to hamper refinance activity. Refinances declined for both conventional and government loans,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
https://www.benzinga.com/news/22/03/26185263/housing-beat-mortgage-rates-break-4-barrier-new-peak-for-median-home-sales-price-vacation-homes-lose