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Michael Green: U.S. mortgage applications among age 25-54 drop 60 percent since 2021

Michael Green: U.S. mortgage applications among age 25-54 drop 60 percent since 2021
U.S. mortgage applications plunge since 2021

Michael Green, chief strategist and portfolio manager at Simplify Asset Management, draws attention to a sharp decline in U.S. mortgage applications among individuals aged 25 to 54.

Green cites figures showing that applications for home purchases in this age group have fallen to 1.3 per thousand, a drop of approximately 60 percent from 2021 and nearly 75 percent from 2006.

Green has previously commented on persistent negative sentiment toward U.S. government bonds in recent research. He also highlighted how changing short-term rate expectations have been driving market reactions, according to another report. These observations give context to his latest remarks on housing demand.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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