Demand for Mortgages to Purchase Homes Continues to Shrink

Aug 31, 2022 |

Mortgage loan application volume in the U.S. dropped nearly 4 percent on a seasonally adjusted basis and 5 percent in the absolute over the past week, with a 4 percent drop in purchase mortgage activity, which is now 23 percent lower than at the same time last year and dropping, with purchase demand “continu[ing] to […more]

Posted in: San Francisco

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