Wednesday 24 June 2020

Party’s over? Applications for homes loans fall

Homebuyers’ appetite waned last week after two months of growth. An index tracking mortgage applications to buy homes fell 3 percent, seasonally adjusted, after nine weeks of gains had pushed the metric to an 11-year high. The Mortgage Bankers Associated metric had been rising as prospective buyers readied for the end of pandemic lockdowns, but fell in the third week of June, according to the trade group’s weekly report. Joel Kan, MBA’s executive at the



source https://therealdeal.com/2020/06/24/partys-over-applications-for-homes-loans-fall/

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