Purchase Mortgage Activity in the U.S. Down over 10 Percent

May 18, 2022 |

Having ticked up 2 percent last week, mortgage loan application volume across the U.S. has since dropped 11 percent on both an absolute and seasonally adjusted basis, according to data from the Mortgage Bankers Association, with a 12 percent drop in applications to purchase a home. As such, purchase mortgage activity was down 15 percent […more]

Posted in: San Francisco

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