Home-buying still hot this summer with mortgage demand spiking 33% annuallyAugust 26, 2020
Need for home offices, exercise space helping boost homebuilding: NAHB CEO
National Association of Home Builders CEO Jerry Howard weighs in on homebuilder optimism, the trend of moving from major cities to suburbs, the lack of inventory in the housing industry, mortgage rates and lumber prices.
It's a hot home buying summer despite COVID-19-fueled market setbacks in the spring.
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Home mortgage applications rates were 33% higher this year than last and continue to spike – up 0.4% last week from the previous week, new data from the Mortgage Bankers Association shows.