The housing market in the United States is currently facing a critical moment as mortgage rates reach their highest point in past 21 years, since April 2002. This surge in rates, combined with a series of economic factors, has ignited...

Mortgage rates experienced a remarkable upswing last week, reaching their highest level since May, resulting in a decline in mortgage demand. According to the Mortgage Bankers Association’s seasonally adjusted index, total mortgage application volume dropped by 4.4% compared to the...