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Mortgage rates hit records, refi drops 60%, sales decline, 25% drop predicted

Mortgage rates hit records, refi drops 60%, sales decline, 25% drop predicted

by | Apr 4, 2022 | 2022 real estate predictions, 2022 stock market correction, 2022 stock market correction impact on real estate prices, Atlanta Hard Money, Colorado Hard Money, credit scoring, Denver Hard Money, Georgia hard money, Housing Price Trends / Information, how will real estate prices be impacted by falling stocks, interest rates, mortgage rates

The swiftness of the changes in the real estate market are astonishing, yet not unexpected.  I predicted last year mortgage rates would top 5% and they already have come close.  This has led to a 60% drop in refinances and a sharp reduction in sales.  What do these...