The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new government-issued stimulus package.
Source: Inman News
Mortgage applications drop 5.1%
Published in 15-year mortgage, 30-year fixed mortgage rate, Analysis, COVID-19, danielle hale, Data, FHA loans, Joel Kan, Markets & Economy, Mortgage, mortgage applications, mortgage bankers association, purchase mortgage applications, realtor.com, refinance applications, stimulus package, USDA home loans and VA loans
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