Homebuyer mortgage demand spikes 33% as rates set another record low

Homebuyer mortgage demand spikes 33% as rates set another record low

After a brief pullback at the end of June, homebuyers rushed back into the mortgage market last week, taking advantage of record-low mortgage rates. Mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher than a year ago, according to the Mortgage Bankers Association’s index, which was seasonally […]