Mortgage applications don’t always fail with a formal rejection — many simply stall. A report released last month by Cotality found that homebuyer hesitation often predicts loan fallout, even without an official withdrawal.

As a result, the property analytics firm found that 16% of buyers “ghosted” their mortgage applications last year — a trend attributed mostly to confusion and lack of confidence. But success was manifested through trust and timing.

Cotality’s “From House to Home” report included a survey of 1,000 recent and prospective U.S. homebuyers. It explored the dichotomy between markets relying on speed and buyers relying on timing. details ⇒

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