Mortgage applications will fall by 13.2% by the end of 2022 as interest rates rise once more.

Mortgage interest rates spiked again at the end of the year after a brief respite in the first half of December, weighing on mortgage demand. The seasonally adjusted index maintained by the Mortgage Bankers Association showed a 13.2% drop in mortgage application volume as of the end of last week ...

MORTGAGE BANKERS ASSOCIATION: HOME BUYER DEMAND OBSERVES A RISE

Highlights

• Weekly mortgage applications for home purchase rose 2%
• It was striking 19% higher than a year ago

According to the Mortgage Bankers Association, homebuyer demand is heating up. Last week, total mortgage application volume ...

America has just had its best month in 13 years for new homes

New York (CNN Business) Americans are on the market once again to buy houses. In December, the new home construction rose nearly 17 per cent, rising to a point not seen since before the financial crisis.

The US housing market continues to rebound, driven by a stable US economy, a strong...