US Real Estate

Mortgage Demand Drops as Potential Buyers Ignore Falling Rates and Stay on Sidelines

Mortgage Demand Drops as Potential Buyers Ignore Falling Rates and Stay on Sidelines
The Mortgage Bankers Association (MBA) announced that applications for home loans have dropped. Photos.com
Bryan Jung
|Updated:

U.S. mortgage applications tumbled as potential buyers across the country ignored falling borrowing rates and stayed on the sideline due to still-high home prices.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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