Mortgage demand falls as rates soar past 6%

Sep 14, 2022 |

Demand for mortgage loans declined last week as mortgage rates reached their highest level since 2008, crossing the 6% threshold.  The market composite index, a measure of mortgage loan application volume by the Mortgage Bankers Association, fell 1.2% for the week ending Sep. 9, compared to the previous week. It was also down 64% compared […more]

Posted in: San Francisco

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