The past 5 weeks have seen mortgage applications crumble a further 16% – their biggest such drop in 14 months as the index for home purchase applications hovers close to its lowest level since 1995. Non-seasonally-adjusted, this is the worst start to a year in over a decade. Must be the weather?
Mortgage Applications dro close to 19 year lows…
Worst start to a year for at least a decade
via Zero Hedge http://ift.tt/N9NE64 Tyler Durden