US Mortgage Rates Hold Below 7% for 17th Week as Homebuyers Return to Market
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Purchase Application Activity Up 18% Over Last Year as Rates Remain Steady for 17th Week
Mortgage rates ticked up this week but economists are also pointing to some positive news for housing this week: Purchase application activity is up nearly 20% over last year and for-sale inventory has reached its highest level in over five years–but affordability challenges continue. According to the latest Primary Mortgage Market Survey® (PMMS®) released by… The post Purchase Application Activity Up 18% Over Last Year as Rates Remain Steady f…
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