The housing market continued to slow this week even as interest rates remain below 3%. Mortgage Bankers Association Economist Joel Kan explains why
Mortgage applications increased 8.6% on a seasonally adjusted basis for the week ending April 16, 2021, according to the Mortgage Bankers Association
Mortgage refinance applications declined for nine out of the past 10 weeks
Mortgage applications dropped 5.1% in latest Mortgage Bankers Association survey
LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals
Demand down 15 percent from a year ago
Purchase mortgage apps drop to lowest level since Sept. 2011, housing starts hit 17-month low