Purchase Mortgage Apps Drop 11 Percent Nationwide
In another indication the coronavirus is softening the housing market, applications for purchase mortgages fell by 11 percent nationwide last week, according to the Mortgage Bankers Association. At the same time, refinancings saw continued strong interest following...
Nearly One in Five Northeast Households Expect to Move This Year
New data from the Federal Reserve Bank of New York shows that nearly 20 percent of households in the Northeast think they will move to a new home in the next 12 months. The data from the Fed’s Survey of Consumer Expectations show 18.5 percent of Northeast...Should Seniors Take the Rap for the Gap in Millennial Homeownership?
Are senior homeowners preventing Millennials from buying houses? Could the decisions of millions of older owners to “age in place” rather than sell their homes explain why Millennials are lagging behind in homeownership? A provocative new study from federally...This Week’s Paper: Digital Edition
