Mortgage demand from homebuyers is now nearly half what it was a year ago

Econ & Housing

A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020.Saul Loeb | AFP | Getty ImagesMortgage demand fell last week to nearly half what it was a year ago, according to the Mortgage Bankers Association, as rates hit their highest level in 21 years.Overall, demand…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Fierce competition for sales drops lumber prices further
The Fed Raises Again but Takes a More Dovish Tone
Lumber Watches The Economy While We Watch Lumber Prices
Rebound in bank stocks help Wall Street end in the green
Mercer International: Likely To Continue To Lose Momentum (NASDAQ:MERC)