US mortgage purchase applications down 60% from pandemic peak, demand near 1995 levels, Redfin says

Mortgage purchase applications in the US are down 60% from their pandemic peak, with demand now back near 1995 levels and lower than at any point during the 2008-2012 housing crash, per Redfin. This comes as mortgage rates sit above 7%.

Detected & updated continuously · Source: Nebula