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626: Interest Rate Increase Results in 12% Mortgage Decline

Old Dawg's REI Network with Bill Manassero
Old Dawg's REI Network with Bill Manassero
Episode • May 27, 2022 • 16m

The Federal Reserve’s interest rate hikes are starting to make a dent in our hot housing market.  As rising rates have pushed home prices even higher, mortgage applications dropped 12% last week compared to the week prior and were 15% lower than the same week one year ago.  In this episode , Bill will share what this means for the housing market and how it will impact investors.

For complete show notes go to http://olddawgsreinetwork.com/12-percent-mortgage-decline/

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