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Category Archives: Uncategorized

Homebuyers More Likely To Purchase a Home Soon

Despite COVID-19 Crisis, More Than Half of Homebuyers More Likely to Purchase a Home Soon   The coronavirus pandemic — coupled with historically low mortgage rates — is motivating a majority of homebuyers to purchase a home in the coming year, according to results from LendingTree’s latest survey. To get a better handle on …

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Mortgage Applications For Home Purchases Increase

New York led the nation with a 14% purchase-loan gain Applications for mortgages to purchase homes gained for the fourth consecutive week while refinancings dropped, the Mortgage Bankers Association said in a Wednesday report. A seasonally adjusted index measuring purchase applications rose 11% last week, compared with a 6% increase in the prior week, according to the …

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Remarkable Recovery In Homebuying

REAL ESTATE Weekly mortgage applications point to a remarkable recovery in Homebuying KEY POINTS Purchase volume was just 1.5% lower than a year ago, a rather stunning recovery from just over a month ago, when purchase volume was down 35% annually. Mortgage applications to purchase a home rose 6% last week from the previous …

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Mortgage Rates Hit Another All-Time Low

Mortgage rates hit another all-time low as home buyers rush to secure cheap financing   The number of people applying for loans to purchase a home has increased for six consecutive weeks after falling earlier in the coronavirus outbreak Mortgage rates have gotten even more affordable — a boon to the many Americans once …

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