Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Homebuyer Mortgage Demand Spikes 33% as Rates Set

:Homebuyer Mortgage Demand Spikes 33% as Rates Set Another Record Low

Mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher than a year ago, according to the Mortgage Bankers Association’s index. Buyer demand has been incredibly strong since mid-May.
https://www.cnbc.com/2020/07/08/homebuyer-mortgage-demand-spikes-33percent-as-rates-set-another-record-low.html

 

 

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