Real Estate & Home

Mortgage applications edge down as refis stall, purchase demand weakens

alinemati1983-6987Apr 8

23 sec read0 views0 listens

Mortgage applications declined by 0.8% week-over-week, with refinance activity dropping and purchase demand weakening due to higher mortgage rates and economic uncertainty. This trend affects developers and tech professionals in real estate by signaling a slowdown in home buying and refinancing activities, impacting housing market stability and technology adoption in the sector.

Read the full article at HousingWire

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