Business

Despite pandemic, June proves to be record month for Howard Hanna

WPXI HOWARD HANNA Howard Hanna Mortgage Services, a division of Howard Hanna Real Estate Services had a record-setting month in June. (Pittsburgh Business Times) (Joe Wojcik)

PITTSBURGH — A pandemic that has forced so many people to stay home is motivating plenty of shoppers to buy new ones.

That's what Howard Hanna Mortgage Services, a division of Howard Hanna Real Estate Services, finds in reporting a record month for mortgage writing in June 2020. The company reports it wrote $354 million in mortgages in June 2020, up 37.7 percent to the $257 million in June 2019. The company's previous record was $263 million in May 2019.

F. Duffy Hanna, president of Howard Hanna Financial Services, believes the mass quarantining that motivated lots of home shopping, online or otherwise.

Read more from our news partners at the Pittsburgh Business Times.

0