Monday, January 18, 2021
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Unlock the door to your dream home.
You can own your own dream home sooner than you thought! Start today by filling out our simple step by step application.
 

Purchase Loan Demand Dips Before Christmas

Mortgage News > Purchase Loan Demand Dips Before Christmas
Date: 12/23/2020    Purchase Loan Demand Dips Before Christmas

Total U.S. mortgage application volume rose just 0.8% for the week, led by 4% increase in refinance requests and tempered by a 5% drop in home purchase applications, according to the Mortgage Bankers Association. Even though buyers may be holding off for the Christmas holiday, home purchase demand is still up 26% compared with a year ago, while ultra-low interest rates have helped push refinance applications 124% higher than in 2019. Refinance requests made up 74.8% of all applications this week.

back