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Pandemic Affects! April new home purchase mortgage applications down 25% from March

The impacts of the current Pandemic social distancing orders and essential only travel bans has affected all of our lives in different ways.

Recent statistics from the Mortgage Bankers Association prove that home buyers have been deterred by the restrictions, with the result of April new home purchase mortgage applications down 25% from March. They also noted that new home sales dropped to an annualized pace that is the slowest since December 2016.

Many sources in the real estate and mortgage industry predict that home buyer activities will return as the lockdowns are lifted, with expectations that the Summer buying season will be strong.

Whether buying, selling, or other needs for document notary services, the professional team of mobile notaries at Notary Near You strive to make it as easy as possible to have documents notarized by traveling to the client where ever in the nation they might be!

Contact us for all of your notary needs! 877-395-2650 Toll Free OR email: [email protected]

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Notary Near YouPandemic Affects! April new home purchase mortgage applications down 25% from March

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