Buyers Are Back Again

The Mortgage Bankers Association reported that applications to purchase homes rose by 5% last week and came in at 33% higher than the same time in 2019. Considering that 2019 was such a banner year, this surge in applications is clearly establishing a new benchmark...

Mortgage Apps Jump 11 Percent

The Mortgage Bankers Association reported that mortgage applications for new home purchases increased 10.9% compared to May 2019 figures. From a 2020 perspective, the number of new mortgage applications rose by 26% compared with figures from April 2020. “The...

Mortgage Applications Surge

Home buyers are reflecting an invasion of interest in buying homes based upon the spike in new purchase mortgages. This reflects a 54% spike in mortgage applications since early April. The number of refinance applications showed little change, but reflected a...