Search result for mortgage demand
After the Federal Reserve signaled a prospective pause in rate hikes, mortgage demand surged.
After the chairman of the Federal Reserve suggested an end to an unprecedented string of interest rate increases, mortgage rates declined slightly last week. The decline was not substantial, but it was sufficient to increase demand among current homeowners seeking to refinance their mortgages at ...
MORTGAGE BANKERS ASSOCIATION: HOME BUYER DEMAND OBSERVES A RISE
Highlights
- Weekly mortgage applications for home purchase rose 2%
- It was striking 19% higher than a year ago
According to the Mortgage Bankers Association, homebuyer demand is heating up. Last week, total mortgage application volume ...