iOS app Android app

Rising Mortgage Rates

Mortgage Application Activity Could Stall If Inflation Heats Up

Richard Barrington | Posted 07.03.2013 | Business
Richard Barrington

A continued rise in mortgage rates will impact potential home buyers and refinancers, but it is refinancers who are most likely to scrap their plans altogether. Meanwhile though, a new cloud appeared on the economic horizon which could discourage home buyers as well.