According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 29, 2021, U.S. mortgage applications decreased 3.3 percent from one week earlier.
While that's down from a peak 118% year-over-year increase in September 2020, it's up significantly from a year ago and marks the eighth straight month of 80%-plus year-over-year growth.
The pandemic has fueled a new sense of urgency for retailers to design stores of the future that support shopping in-person, online or by mobile device.
Zillow is reporting this week that a rush of high-end homes hit the U.S. market in June 2020, reversing a trend that saw them drop the farthest and fastest when the coronavirus pandemic hit earlier this year.
Mortgage applications increased 5.0 percent from one week earlier. The previous week's results included an adjustment for the Martin Luther King Jr. holiday.
Posted on October 11, 2019
Posted on November 25, 2015