Mortgage Applications Up 54% Since Early April


With interest rates at all-time lows, CNBC’s Diana Olick is reporting that mortgage application numbers have risen 54% since early April, which she also says marks the first annual increase since the Coronavirus pandemic.  The cited data is from the Mortgage Bankers Association Market Composite Index, which measures mortgage loan application volume.

“The housing numbers just keep outdoing themselves.”  Diana Olick

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Director of Education & Outreach, National Real Estate Investors Association

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