Mortgage applications—especially mortgage refinance applications—have been rolling in at a snail’s pace this year…and it looks like it’s only going to get slower.
I mean, given the fact that interest rates are rising across the economy (Thanks, Fed!), this makes sense.
Economics 101, folks!
I know, I know. You guys would rather me discuss the Metaverse or some tech stock or crypto, but the housing market is super important to the health of the economy.
So, please indulge me.
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