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Home purchase loans plummet to 12-year low as high mortgage rates wreak havoc on affordability
N
New York Post
May 28, 2026
Mortgage RatesSource: GNews
US home purchase lending plunged to its lowest level in 12 years at the start of 2026, dragged down by elevated home prices and mortgage rates stuck above 6% that sidelined many prospective buyers.
US home purchase lending plunged to its lowest level in 12 years at the start of 2026, dragged down by elevated home prices and mortgage rates stuck above 6% that sidelined many prospective buyers....
Source Reference
Originally published by New York Post
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