Mortgage Application Activity Could Stall If Inflation Heats Up
Category: BUSINESS
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.
By Richard Barrington, Contributor
CFA, MoneyRates.com, 2013-07-04