Mortgage demand from homebuyers pulled back sharply, even as rates ended 2020 near record low

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The stunning surge in home buying, brought on by the coronavirus pandemic, may finally be easing up. Mortgage applications to purchase a home fell 0.8% in the two weeks ended Jan. 1, compared with the second week of December, according to the Mortgage Bankers Association.

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Original Article Source Credits: CNBC, https://www.cnbc.com

Article Written By: Diana Olick

Original Article Posted on: WED, JAN 6 2021 

Link to Original Article: https://www.cnbc.com/2021/01/06/mortgage-demand-from-homebuyers-pulled-back-sharply.html



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