Mortgage applications to buy homes decline for fourth straight week

The number of applications to buy homes dropped again last week, marking the fourth consecutive week of declines. https://therealdeal.com/tag/housing-market/ The index tracking the volume of purchase mortgage applications fell 2 percent, seasonally adjusted, last week, according to the Mortgage Bankers Association’s weekly survey of the U.S. residential mortgage market. The metric, known as the purchase index, was up 26 percent year over year, according to MBA. The index’s annual gains have been steady; it’s the

source https://therealdeal.com/2020/10/21/mortgage-applications-to-buy-homes-sees-fourth-week-of-decline/