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Mortgage Application Volume at Lowest Levels Since 1996
September 15, 2023
Mariel Alumit
Mortage News
Comments Off on Mortgage Application Volume at Lowest Levels Since 1996
The Mortgage Bankers Association (MBA) said the volume of mortgage applications dipped slightly during the week ended September 8. MBA said its Market Composite Index, a measure of that volume, decreased 0.8 percent on a […]
Mortgage apps decline as rates hit the 7% mark
May 25, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Mortgage apps decline as rates hit the 7% mark
Last week, the U.S. debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months. Some indexes show the 30-year fixed rate has reached the 7% mark, […]
Housing Shortage Fuels Price Bidding Wars As Homes For Sale Hit Record Low
June 22, 2023
Mark Paul Cervantes
Economy, Top News, U.S. Housing Market
Comments Off on Housing Shortage Fuels Price Bidding Wars As Homes For Sale Hit Record Low
The number of homes for sale in the U.S. fell 7.1% year-over-year in May, real estate brokerage Redfin reported on Wednesday. With 1.4 million homes on the market, May represents the lowest number since Redfin began keeping […]