Purchase loan demand was up 11 percent last week, with “surprisingly strong” demand from conventional loan borrowers given lingering economic uncertainty, MBA economist Mike Fratantoni says.
Source: Inman News
Move-up homebuyers drive surge in mortgage loan applications
Published in Andy Walden, conventional loans, fannie mae, fha, first-time homebuyer, first-time homebuyers, freddie mac, ginnie mae, homebuyer, homebuyers, inman, Intercontinental Exchange Inc., Markets & Economy, Mike Fratantoni, Mortgage, mortgage bankers association, mortgage rates, move up buyers, move-up buyer, Optimal Blue, purchase loans, repeat buyer, san diego and Select
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