Property News
American
Property News for 7 September 2022
Homeowners lose wealth as rising interest rates weigh on home values
CNBC - 7 Sep 2022 18:47
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly.
Mortgage demand drops further as interest rates shoot back to June high
CNBC - 7 Sep 2022 13:00
Sharply higher mortgage rates are causing demand to fall even further for both homebuying and refinancing.
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