What's Hot: A Look At The Renters Moving In And Out Of DC
Mortgage Applications Rise But Buyers Remain On Sidelines
✉️ Want to forward this article? Click here.
With spring around the corner, potential homebuyers aren't giving many signs that they are diving in.
Mortgage application volume rose about 2% over the last week, the Mortgage Bankers Association (MBA) reported on Wednesday, however applications to purchase a home fell 4%.
“The average loan size for a purchase loan has increased since the start of the year and continued that trend last week with weaker government purchase activity, which reached $447,300, the highest level since October 2024,” said Joel Kan, vice president and deputy chief economist at the MBA.
See other articles related to: mortgage demand
This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_demand_drops_as_buyers_remain_on_sidelines/23153.
Most Popular... This Week • Last 30 Days • Ever

The redevelopment of Mazza Gallerie is nearly complete.... read »

While the buildings at The Wharf are generally all finished, there are still a couple... read »

The DC region has yet to see a surge of new listings hit the market in the face of fe... read »

Approximately 34% of renters in the DC region are looking for rentals in other metro ... read »

Hoffman-Madison in talks to sell a portion of The Wharf; demolition of BLM plaza; and... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro