Demand for Mortgages Soar by 33% From a Year Ago
August 27, 2020 at 11:35 AM EDT
Low rates are spurring a rise in the demand for mortgages, which in turn, is fueling an appetite for real estate. Even with Covid-19 in tow, the demand for mortgages is up 33% from a year ago. “Homebuyers appear to have an insatiable appetite for new and existing homes, applying for mortgages at an...