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MBA: Economic Uncertainty Slows Purchase Application Growth

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mba: economic uncertainty slows purchase application growth June 05, 2019 RSS FEED No comments Although mortgage applications slightly increased last week, mounting economic tension continues to worry potential buyers, according to the Mortgage Bankers Association.

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In fact, MBA Senior Vice President and Chief Economist Mike Fratantoni said potential homebuyers may be more cautious given the heightened economic uncertainty. MBA: Economic uncertainty slows purchase application growth syndicated from Real Estate News

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"Coming out of the memorial day holiday, and likely impacted by the financial market volatility caused by the trade tensions, purchase application volume declined for the week," MBA Senior Vice President and Chief Economist Mike Fratantoni said. "Potential homebuyers may be more cautious given the heightened economic uncertainty."

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MBA: Economic uncertainty slows purchase application growth MBA: Mortgage applications rise again, but how long will this growth last? MBA: Global economic tension pushes mortgage applications.

 · MBA: Economic uncertainty slows purchase application growth MBA: Mortgage applications rise again, but how long will this growth last? MBA: Global economic tension pushes mortgage applications.

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Fears about a slowdown in global growth, stock market volatility and the. had stoked economic uncertainty, sending mortgage rates into a free fall.. about slowing global growth – sentiment that could imply a slower pace of interest. Amidst this uncertainty, purchase mortgage applications were up 17.

MBA: Economic uncertainty slows purchase application growth. 05 Wednesday Jun 2019. Posted by lmortgages158 in Mortages Leave a comment. Tags. Google Alert – Mortgages.

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A persistent fall in U.S. Treasury yields, reflecting uncertainty about global economic growth, has undermined the dollar. The greenback could fall further against the yen if the Bank of Japan does.