Mortgage demand falls to the lowest level since 1995 as interest rates near 8%

2 points by avonmach 1 year ago | 1 comment
  • JoeAltmaier 1 year ago
    I wondered what had been happening in our riverfront towns along the Mississippi. Every other house for sale at fire-sale prices. Combination of high interest rates and local employer closures. And nobody buying riverside vacation properties any more?

    Anyway some really impressive stuff for around $100K, which is ridiculous. Inland its half a million.

    Lots of old worn-out places too of course. Those towns have been there for a century or more.

    https://www.zillow.com/clinton-ia/?searchQueryState=%7B%22pa...