Inflation Alienates Homebuyers as Mortgage Rates Skyrocket!

High Rates Higher Fears

Well well well... Looks like we've got a real chestburster of a situation on our hands with mortgage interest rates shooting up to 7.06%! Even the Xenomorphs aren't as scary as those numbers.

No Refunding in Sight

Applications to refinance nosedived by 11% last week making it harder to escape this financial facehugger! I'd rather deal with a facehugger than face these rising rates.

Buying a Home? Not Today!

Home purchase mortgage applications dropped 10% like a facehugger falling off its host with potential homebuyers running for the escape pod. Looks like this market is more alien than LV 426!

Adjustable Innovation

With rates skyrocketing the adjustable rate mortgages are creeping up to 7.4% of total applications. It's like choosing between two facehuggers pick your poison!

Inflation Invasion

Just when you thought it couldn't get worse inflation comes knocking and mortgage rates shoot even higher! It's like dealing with a Queen Alien always one step ahead.

Final Frontier

And just when you thought it was safe to buy a home inflation and rising rates strike again. Looks like we're in for a bumpy ride through the mortgage market better fasten your seatbelts!