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» Short Takes: Weak Demand for Purchase Mortgages / Uncertainty Among Homebuyers / Investors Step Up / M&T Downgraded
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Short Takes: Weak Demand for Purchase Mortgages / Uncertainty Among Homebuyers / Investors Step Up / M&T Downgraded
May 15, 2024
Brandon Ivey
The decline in demand for purchase mortgages was most prominent for FHA mortgages, where applications declined by 9% on a weekly basis.
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