Homebuyers and homeowners are feeling the pinch of rising interest rates, with mortgage demand falling sharply last week. The average 30-year fixed-rate mortgage rate now tops 7.4%, the highest since 2000.
Homebuyers and homeowners are feeling the pinch of rising interest rates, with mortgage demand falling sharply last week. The average 30-year fixed-rate mortgage rate now tops 7.4%, the highest since 2000.