Thoughts on Housing Supply and Demand With 30-year mortgage rates above 4%

So far, there has been no obvious impact on demand from 30-year mortgage rates above 4%. Here is a graph from MortgageNewsDaily of 30-year mortgage rates.

Housing Demand Remains Strong

I’ve spoken to several mortgage brokers over the last few days, and they are reporting purchase demand remains strong. They did mention a decline in refinance activity d…