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Mortgage Demand From Homebuyers

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by Toni
June 15, 2020
Category:   Blog Features


Mortgage demand from homebuyers jumps 18%, as interest rates set another record low


  • Mortgage applications to purchase a home rose 5% for the week and were a stunning 18% higher than a year ago, according to the Mortgage Bankers Association.
  • As the coronavirus outbreak was surging six weeks ago, applications by homebuyers were down 35% annually.
  • The average rate on the 30-year fixed mortgage hit another record low, 3.37%    Read More:

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