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MORTGAGE BANKERS ASSOCIATION: HOME BUYER DEMAND OBSERVES A RISE

Published On 22 Jul 2020 01:46 PM


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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 rose 4.1% compared to the previous week. It was with an already strong refinance market.  

The average contract interest rate observed ....


Tags : Mortgage Bankers Association, Home buyer demand, MBA’s survey, weekly mortgage demand, Mortgage application,
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