Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume of applications for loans to buy homes fell 2 percent, seasonally adjusted, in the fourth week of July. The Mortgage Bankers Association’s metric, known as the purchase index, has been up and down throughout July. Until the third week of the month, annual volume compared to the same weeks in 2019 was up for nine consecutive
source https://therealdeal.com/2020/07/29/mortgage-applications-fall-as-fears-of-second-wave-rise/
No comments:
Post a Comment