Refinance mortgage volume has died ☠️
— Wall Street Silver (@WallStreetSilv) January 11, 2023
Applications to refinance a mortgage have collapsed by 86% from a year ago 🚨
Raising rates has consequences.
But don't worry, the Fed is going even higher. 🔥
They want you unemployed and homeless, THEN they might consider cutting rates. pic.twitter.com/aQR4FbOlBG
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