• Home
  • Lending
  • Purchase Loan Applications Keep Gaining, Up 19%
Lending

Purchase Loan Applications Keep Gaining, Up 19%

Homebuyer demand continues to look strong as low rates persist even as temperatures rise. So reports CNBC.

According to the Mortgage Bankers Association, the seasonally adjusted purchase index and the unadjusted index each rose 2% for the week ending 17. On an annual basis, the unadjusted index was up 19%.

That’s the ninth straight week of year-over-year increases in purchase loan activity, according to the MBA.

Read the full article from CNBC

Related Content

Weekly Jobless Claims Hit Lowest Since COVID-19

Mortgage Rates Drop to 8th All-Time Low of 2020

Bodnar of MMG: A Lotta Green

click me