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

Summary by CNBC
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.

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

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.

·Englewood Cliffs, United States
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CNBC broke the news in Englewood Cliffs, United States on Thursday, June 4, 2026.
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