After jumping following Trump’s win in November, mortgage applications for home purchase held their ground in January. But a lack of housing inventory will act to constrain demand for home purchase mortgages this year, even as household incomes rise. Meanwhile, mortgage rates are rising once again, so the outlook for refinancing is very weak.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.