Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market’s surprisingly strong rebound after the coronavirus-triggered shutdown this spring. The number of mortgage applications from homebuyers shot up 33 percent in the week ending on July 3 compared...
July 29, 2020
Home loan applications overall fell 0.8 percent last week as rates on FHA loans rose, according to the Mortgage Bankers Association (MBA). Michael Fratantoni, the MBA’s chief economist, said conventional mortgage rates remained near record lows, in the 3 percent range, for the week ending July 24, and that refinances continued to slightly increase. Rates […]
July 08, 2020
Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market’s surprisingly strong rebound after the coronavirus-triggered shutdown this spring. The number of mortgage...
