The mortgage rate lock-in didn’t start in 2022
Housing Wire
MAY 15, 2024
After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. In July 2022, new listings volume per week dropped from 90,000 at the end of June to approximately 74,000 just after the July 4th holiday. million in January 2021 (when mortgage rates were 2.7%) fell to 3.9
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