Mortgage Applications at 35 year low
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Originally Posted by CoachKandSportsguy
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I think many households will be OK as long as they aren’t trying to sell right now. If anyone was thinking of selling, it may be better to just ride things out and pull their home off the market till things get better. It shouldn’t be a time for anyone to buy unless they are desperate or offered one heck of a deal by a seller. Builders in many areas of the state have stopped construction for now.
Of course it is no secret that this week’s mortgage applications are at a 35 year low. Not great when you consider about 55% of all Villages home purchases are financed.
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Last edited by Normal; 06-20-2024 at 06:30 PM.
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