Friday, June 12, 2020

Homeowners are doing OK thus far...

As we receive word of further tailwinds in the housing sector, with the Mortgage Bankers Association reporting that purchase mortgage applications rose to the highest level in over 11 years, here’s a revealing chart that shows how homeowners have thus far under-indexed in the pain riven by this coronavirus driven recession (Source: Brickman, David of Freddie Mac and USC Lusk Center for Real Estate)

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