GgoogleUS first seen 2 d ago, last 1 h ago, peak #1

Mortgage rates climb again, hitting refinancing and homebuyers

Original: mortgage rates

Mortgage rates in the United States are rising again, putting fresh pressure on the housing market. CNBC reports that refinance demand has fallen to half its level of a year ago as rates climb. In Massachusetts, the Boston Globe says soaring rates are dealing another blow to affordability, with buyers facing significantly higher monthly payments.

Why now: Rising mortgage rates are directly affecting homebuyers and homeowners considering refinancing.

CNBCThe Boston GlobeMassachusettsUS housing market

Open on google →

Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 1 h ago.

Evidence

• Refinance demand is now half what it was a year ago, as mortgage rates rise again · CNBC
• Mortgage rates are soaring, another blow to Mass. housing affordability as buyers face higher monthly payments · The Boston Globe

API: https://socialmediatrends-api.osmike.com/v1/trends/1225917