Purchase Market continues to Grind Higher

By
Mortgage and Lending with Envoy Mortgage - NMLSR ID #644428 NMLSR ID # 644428

As we check in on the Purchase Mortgage Market, applications are up just over 1% in the latest reporting period.  As rates trended back down in November you say the purchase mortgage market stay strong even with the inventory of houses shrinking further and further.  I expect that the Black Friday shopping season will not stop the steady scooping up of homes since there are still more buyers than sellers.  Gobble, Gobble.

 

Purchase Mortgage Applications    

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Topic:
Real Estate Market Trends
Location:
Florida Palm Beach County
Groups:
Active Rain Newbies
Almost Anything Goes
Palm Beach County Pros
Tags:
mortgage applications
purchase mortgage

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Michael Cantwell

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