Homebuyers have vanished. Mortgage brokers reporting 45% collapse in mortgage applications.

Homebuyer demand in 2024 continues to falter, as mortgage brokers are reported a 45% slump in mortgage applications compared to pre-pandemic levels through mid-October.

This declining demand suggests that Fed Rate Cuts have not helped the housing market. And that home prices are still too high for most buyers to afford.
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Видео Homebuyers have vanished. Mortgage brokers reporting 45% collapse in mortgage applications. канала Reventure Consulting