Mortgage Loan Numbers Drop Among Low Credit Score Applicants
24/7 Wall Street, May 23, 2016–Ausick, Paul
In 2005, at the peak of mortgage loan applications, 11.7 million Americans applied for home-purchase mortgages. That number fell to a low of 3.6 million applications in 2011 before rising to 4.6 million in 2014, the last year for which data are available.
