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Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels

CNBC · Published 2h ago
Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels

Mortgage rates rose to the highest level in over a year, causing total mortgage demand to drop below year-ago levels.

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Overall ImportanceHigh
Confidence★☆☆☆☆
Most Affected
  • Governments
  • Businesses
  • General public
Likely Next
  • Official response
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Ripple EffectEventResponsePolicyPublic
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