Real Estate Trends: Is The Real Estate Market Slowing Down Due To Mortgage Rates?

Real Estate Trends: Is The Real Estate Market Slowing Down Due To Mortgage Rates?

Is the real estate market slowing down? Mortgage demand has dropped throughout 2022, but housing prices have not fallen in response, leaving homes unaffordable for many potential buyers, and dragging down loan applications by 41%. Here’s what you need to know.