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New Mortgage Applications are Down to a 13 Year Low
Applications for primary home mortgages are down to level not seen since May 1997. The Mortgage Bankers Association, the trade group for mortgage bankers, is attributing this to the expiration of the federal tax credit and overall slow economic revival. … Continue reading
Posted in Contractors and Renovations, Mortgages and Finance Tagged ancillary services, carpenters, economic activity, economic revival, economic stimulus, federal tax credit, first time home, first time home buyer, first time home buyer tax credit, home mortgages, home ownership, housing market, mortgage applications, mortgage bankers association, new mortgage, painters, plumbers, subsidy, time home buyer, trade group 1 Comment
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