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Weekly mortgage applications flatline, along with interest ratesMortgage application volume last week sank 15 percent from last year but was unchanged from the previous week, according to the Mortgage Bankers Association. Uh YEAH... we all bought last year because we’re smart! Many people bought adjustable rate mortgages when rates were lowest of all time. When I was looking to refinance a credit union guy was trying to get me to buy one and I was shocked. He said he sells them every day. We will crash housing again. With modified strategy sale of residential and commercial properties can be boosted. realDonaldTrump POTUS USAndIndia
Source: CNBC - 🏆 12. / 72 Read more »
Weekly mortgage applications tank 7.1% as interest rates surge to a near 8-year highHomebuyer demand is strong, but affordability was weakening even before rates began to rise, as tight supply pushed home prices sharply higher. Economic boom larry_kudlow
Source: CNBC - 🏆 12. / 72 Read more »
Weekly mortgage applications fall 1.7% as interest rates move above 5%Extremely weak demand for mortgage refinances has been driving the overall drain on mortgage lending. Refinance volume fell another 3 percent last week and was 32 percent lower than a year ago.
Source: CNBC - 🏆 12. / 72 Read more »
Sharp drop in rates sparks 23.5% spike in weekly mortgage applications after unusually weak holidaysHomebuyers returning to the market after the holidays may have been inspired by the drop in rates, but stock market volatility and the government shutdown could keep some of those mortgage applications from closing. Still winning! realDonaldTrump 🙏🇺🇸❤️ Thank you trump “unsually weak” holidays! Dude its usual when interest rates are up and regulations inhibit plebs from getting a new app done and have already maxed at their passed refinance! “unsual” getf out of here with that b.s
Source: CNBC - 🏆 12. / 72 Read more »