Weekly mortgage demand has dropped as buyers struggle to find affordable homes, according to CNBC and MarketWatch. The Mortgage Bankers Association (MBA) reported a decrease in mortgage applications in their weekly survey. Homebuilder profit margins are falling, potentially leading to more affordable homes, as per Axios. Housing affordability near record low is particularly impacting Black buyers, reported by Orlando Sentinel.
Housing affordability near record low hits Black buyers particularly hard https://t.co/bbVUCmrPP8 https://t.co/TRCObdBnjD
Homebuilder profit margins are falling. How that could translate into more affordable homes: https://t.co/kdRvETWrMS
U.S. mortgage demand falls as buyers struggle with low number of home listings https://t.co/wzXseuHnDI
MBA: Mortgage Applications Decreased in Weekly Survey https://t.co/2kFn4YIbi4 https://t.co/LtK6t8pbqj
Weekly mortgage demand drops as buyers struggle to find affordable homes - CNBC https://t.co/8gbd2VcvvR
Weekly mortgage demand drops as buyers struggle to find affordable homes https://t.co/MeQxIrkSvN