Why purchase application data is below 2008 levels
Housing Wire
NOVEMBER 9, 2022
But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. In the previous expansion, one of my long-term calls was that the MBA purchase application data will never hit the volume level of 300 until the years 2020-2024.
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