Black Knight: Rising Rates Push Refi Candidates Down to 7.1M

Black Knight, Jacksonville, Fla., said rapidly rising mortgage interest rates have shrunk the number of “high-quality” refinance candidate households to just 7.1 million, the lowest total since November 2019.

FOMC Pushes Up Rate Hike Schedule

The Federal Reserve isn’t planning on raising key interest rates any time soon, but the trigger finger appears to be getting itchier.