June Mortgage Demand Spikes to 11-Year High

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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 Mortage 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.  Indeed…

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Director of Education & Outreach, National Real Estate Investors Association

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