Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too

CNBCJune 4, 2026 at 12:15 PM

The denial rate in loan applications was 15. 1% in 2024, up from 12. 2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found.

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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This latest rally may be a dead-cat bounce, warns normally bullish boutique

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