Green Escrow Services, Inc

The Latest in Paperless Technology

  • Home
  • About Us
  • Find Us
  • Services
    • Real Estate Sales
      • What is Title Insurance?
      • Why Do You Need Title Insurance?
      • 21 Reasons for Title Insurance
    • Business Opportunity Escrow Check List
    • Bulk Sales & Liquor License Transfers
      • Liquor License Escrow
      • Liquor License Transfer / Business Opportunity Check List
  • Meet Our Experts
  • Order Form
  • Why Use Green Escrow?
    • How Is Green Escrow Different?
  • Resources
    • How the Escrow Process Works
    • East Bay Professionals
  • Blog
  • Customer Services
    • Useful Websites
    • Property Transfer Tax Rates
      • Additional Communities – Los Angeles
    • Profiles and Farms
You are here: Home / Real Estate / Mortgage applications increasing

Mortgage applications increasing

May 21, 2020 By Geoffrey Disch Leave a Comment

Given the current real estate situation during the pandemic – 30-year mortgage rates in the low 3% range and 15-year mortgages below 3% – it’s not surprising that refinancing represents 71.6 percent of all applications (218 percent higher than 2019). What is surprising is that homebuyer applications increased by 12 percent in April (although 20 percent less than last year).

Moreover, listing websites and real estate brokers are reporting somewhat higher buyer activity in the recent weeks indicating that buyer confidence may be increasing.

Of course, the situation remains very much in flux. Unemployment continues to rise – some say it could go as high as 32 percent – while some lenders are limiting mortgage products as the mortgage bailout program unfolds.

Share

Filed Under: Real Estate Tagged With: mortgage applications COVID-10

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search our site…

Mortgage Calculator

Loan CalculatorMortgage Calculator
Mortgage CalculatorMortgage CalculatorLoan CalculatorLoan Calculator

$

%

years

%

$ per year

$ per year

%




$

years

%



Our clients say...

“The escrow personnel at Green Escrow Services are very experienced and equally professional. We also really appreciate their "can do" attitude.”
by Julie Gordon White, CBB
President, Business Team / BTI Group, Inc.

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

Real Estate & Business Information
Follow Us on FacebookFollow Us on LinkedInFollow Us on Yelp

Copyright © 2023 · Site by Last Laugh Creative