Mortgage demand drops again after FHA loan interest rate hits 21-year high
• https://www.cnbc.com by Diana OlickThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09% from 6.93%.The rate on FHA loans, which are favored by first-time or lower-income borrowers because they offer low