- ICE Mortgage Technology reports over 30% of homeowners have a mortgage rate above 5%, with about 20% having rates over 6%.
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- Harsh winter storms hit much of the country, keeping potential buyers home and leading to a 9% drop in total mortgage application volume.
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- Apartment rents fell in January to the lowest level in 4 years. The national median rent was $1,353, a drop of 1.4% from last year.
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