HOMEBUYERS MAKE A LAST GASP EFFORT BEFORE THE HOLIDAYS, BUT INTEREST RATES OFFER LITTLE INCENTIVE
https://image.cnbcfm.com/api/v1/image/108225448-1763044515960-gettyimages-2245910288-MORTGAGE_APPLICATION_FIGURES.jpeg?v=1763044637&w=1920&h=1080
✍️ Mortgage rates have remained steady for two months, leading to a flat total mortgage application volume, with applications to purchase a home increasing 8% and government purchase index rising 9%.
👉 Mortgage rates have remained steady for two months 👉 Total mortgage application volume was essentially flat last week 👉 Applications to purchase a home rose 8% for the week and were 20% higher than the same week a year ago 👉 Government purchase index increased 9% for the week and had its strongest week since 2023 👉 Affordability remains a challenge in many markets
-- #JoelKan #MatthewGraham #KevinHassett #Crockett,California #business
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