On the refinance side, only 407,956 mortgages were rolled over into new ones – the smallest amount this century.
The post Q1 Mortgage Origination Activity at 23-Year Low appeared first on Weekly Real Estate News.
A second week of declining interest rates prompted another increase in mortgage activity last week, the third in as many weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage […]
“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage, said of this year’s spring homebuying season. The purchase market is locked […]
Source: Ekathimerini.com — Demand for housing loans has continued unabated after the January-June semester, as after a long lull over previous years, households are scrambling to meet their housing needs while securing the long-term low […]
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