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mortgage applications

A collection of 2 posts
mortgage applications

US mortgage applications fell for a fourth week, reaching the second-lowest level since 1995

Per Bloomberg Fewer Americans are applying for mortgages for the fourth week in a row as its levels reach the second-lowest since 1995. This came despite a recent 10 basis point decrease in 30-year-fixed mortgages. As seen on the Mortage Bankers Association index, it was revealed that there was a
08 Jun 2023 1 min read
mortgage applications

Mortgage applications were 31% down than the same week a year ago

Per CNBC The application for new mortgages has slowed down even more, as new data shows a 31% decrease from the same week a year ago. During this time, home purchases also dropped by 3%. CNBC explains that this is because of the extended fear that it could take a
01 Jun 2023 1 min read
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