September's mortgage applications figures suggest that the decrease in conforming mortgage loan limits at the start of this week won't significantly reduce mortgage demand. Nevertheless, the weak economy and the legacy of the housing crash, which has left a quarter of all mortgage borrowers with a mortgage worth more than their home, will constrain demand for a long time yet.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.