Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues

Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues

SGT Report - 2023-01-12 - Original post - Cached copy

by Wolf Richter, Wolf Street: It just keeps getting worse.  Mortgage applications to purchase a home are a forward-looking indicator of where home sales volume will be. Existing home sales that closed in November already plunged by 35% year-over-year, the 16th month in a row of year-over-year declines, making for a historic plunge. And mortgage applications […]

Subscribe to Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues