2020-06-23 June Mortgage Demand Spikes to 11-Year High
| By:
Brad Beckett
June Mortgage Demand Spikes to 11-Year HighBY BRAD BECKETT ON JUNE 23, 2020 CNBC’s Diana Olick says buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before. Citing data from the Mortgage Bankers Association she also reported that Mortgage applications rose 4% last week from the previous week and were a 21% higher than one year ago – the ninth consecutive week of gains and the highest volume in more than 11 years. Click here for the full report.