Is Covid-19 Stress Hitting First-Time Home Buyers? Mortgage Applications Tick Down Week-Over-Week

Barrons, July 29, 2020–Shaina Mishkin
The Mortgage Bankers Association reported that while demand remains elevated compared to last year, the volume of applications dipped week over week, falling 2% on an adjusted basis and 1% on an unadjusted basis. (subscription)