Wednesday, 17 June 2020

Mortgage applications to buy homes hit 11-year high

Homebuyers haven’t been this busy looking for financing in more than a decade. An index tracking mortgage applications to buy single-family homes rose 4 percent, seasonally adjusted, last week from the first week of June. Though the Mortgage Bankers Association’s metric has been logging gains for nine consecutive weeks, the volume of purchase applications last week was the greatest since 2009. “The housing market continues to experience the release of unrealized pent-up demand from earlier



source https://therealdeal.com/2020/06/17/mortgage-applications-to-buy-homes-hit-11-year-high/

No comments:

Post a Comment