RH CEO Warns Of ‘Most Dire’ Housing Market As Mortgage Applications Tumble On Rising Rates
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Mortgage demand tumbled last week as rising borrowing costs continued to weigh on buyers, with applications falling 10.4% overall, according to data from the Mortgage Bankers Association released Wednesday. The slowdown comes as RH CEO Gary Friedman warned … Read more