18/05/2020
An influx of New Yorkers helped the South Florida market uptick! Corona refugees seeking a permanent stay.
An index tracking mortgage applications to buy single-family homes continued its upward trajectory with a seasonally adjusted 11 percent gain last week compared to the prior week.
It’s the fourth week in row that the Mortgage Bankers’ Association weekly survey, known as the purchase index, has reported gains in home loan applications.
New York saw the biggest increase in activity, with a 14 percent unadjusted increase in purchase applications. California reported an 11 percent increase.
Read more about the U.S. home loan market. http://ow.ly/Lz2C50zHFPP
