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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: John Vosilla who wrote (5566)6/1/2020 1:46:21 PM
From: elmatador   of 13801
 
Home purchases are up vs. last year
As coronavirus-related restrictions ease, potential homebuyers have been able to tour open houses and resume their search for a new home. Though the singly-family home mortgage purchase index saw a more than 30% drop in April when compared to last year, it has since reversed its course, according to data from the Mortgage Bankers Association. The index is now up almost 10% compared to the same period last year, indicating that the home purchase market could be on its way to a quick recovery.

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