Homebuyer Demand Scales Back as Mortgage Rates Remain at 20-Year Highs

October 5, 2023 Eric C. Peck

Mortgage rates rose 18 basis points week-over-week according to Freddie Mac, forced upward by the trajectory of the 10-year Treasury yield, shifts in inflation, and the labor market.

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Homebuyer Demand Scales Back as Mortgage Rates Remain at 20-Year Highs

Mortgage rates rose 18 basis points week-over-week according to Freddie Mac, forced upward by the trajector...