Six weeks, six jumps in mortgage applications to buy homes

Homebuyers are back in the game as reopening continues. The volume of mortgage applications to purchase homes increased by 9 percent last week, according to the seasonally adjusted weekly index kept by the Mortgage Bankers Association. It marks the sixth consecutive week the purchase index has risen. According to Joel Kan, MBA’s executive at the helm of industry forecasting, last week’s increase was the highest since mid-March. “The home purchase market continued its path to

source https://therealdeal.com/2020/05/27/six-weeks-six-jumps-in-mortgage-applications-to-buy-homes/