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: Home buyers are applying for mortgages at the highest rate since April — what does that say about the housing market? – Vested Daily

: Home buyers are applying for mortgages at the highest rate since April — what does that say about the housing market?

Mortgage demand appears to be stabilizing after recent declines, suggesting that home buyers aren’t finished with the nation’s competitive real-estate market just yet.

The volume of applications for mortgages used to purchase homes increased more than 7% on a weekly basis for the week ending Sept. 10, reaching the highest level since April, according to data released Wednesday by the Mortgage Bankers Association.

An…

This post was originally published on Market Watch

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