Potential Buyers Step Back Even as Mortgage Rates Decline

May 19, 2017 Seth Welborn

Potential buyers could be taking a temporary step back from the housing market as the volume of mortgage applications declines even though fixed and adjustable rates continue to fall. Yet, even taking into account the current decline, mortgage rates remain higher than they were a year ago. The average loan size for applications that have been pushed through has also reached a new high.

The post Potential Buyers Step Back Even as Mortgage Rates Decline appeared first on theMReport.com.

Previous Article
The Week Ahead: Low Construction’s Impact on Sales
The Week Ahead: Low Construction’s Impact on Sales

On Tuesday, at 10 a.m. EST, the U.S. Census Bureau along with the Department of Housing and Urban Developme...

Next Article
Young Homebuyers Face High Down Payments, Shifting Priorities
Young Homebuyers Face High Down Payments, Shifting Priorities

High down payments and the amount of time required to save for these payments are among the reasons for mil...