We’ve all been there, you have a new sofa, and then, seeming no time after …
Read More »Mortgage demand falls, but average homebuyer size hits record
Total mortgage application volume fell 4.1% from the previous week, but were 16% higher than a year ago. The average loan amount for homebuyers hit another record high — $ 395,200, according to the Mortgage Bankers Association’s seasonally adjusted index reported by CNBC. Homebuyers are seeing prices rise at the …
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