Friday, 3 July 2015 – 16:56 Update: 04-07-2015 13:01
“We shipped approximately 97,000 unique mortgage applications in the second quarter of 2015. HDN expects this growth to the combination of the improving housing market, the tightening of lending standards for consumers on 1 July 2015 and the first interest rate increase (s) after a period of a few interest rate cuts, “said HDN.
Forecast 2015 revised sharply upward
From 2013 mortgage applications show steady growth. Compared to the second quarter in 2013, 2015 showed an increase of as much as 163%. Opposite has about 80% compared with 2014. HDN revised its forecast for this year from 240,000 to 300,000 unique mortgage applications sent via HDN.
“We will take into account the seasonal influences and the tightened lending standards for consumers. Which will in the next two months is expected to have a negative effect on the number of mortgage applications, “said Dorine van Basten, director HDN.
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