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HomeWeely Real Estate NewsMortgage Application Activity Up 5.3%

Mortgage Application Activity Up 5.3%

April 12, 2023 Mark Paul Cervantes Weely Real Estate News Comments Off on Mortgage Application Activity Up 5.3%

The Refinance Index inched up by a scant 0.1% from the previous week.

The post Mortgage Application Activity Up 5.3% appeared first on Weekly Real Estate News.

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Mortage News

Mortgage Application Volume Increases Despite Higher Rates

April 26, 2023 Mark Paul Cervantes Mortage News Comments Off on Mortgage Application Volume Increases Despite Higher Rates

Mortgage application volume increased during the week ending April 21. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, rose 3.7 percent on a seasonally adjusted basis compared to […]

Weely Real Estate News

Mortgage Application Activity Continues to Rise

June 28, 2023 Allen Santos Weely Real Estate News Comments Off on Mortgage Application Activity Continues to Rise

“The spread between the jumbo and conforming rates widened to 16 basis point,” said MBA’s Joel Kan. The post Mortgage Application Activity Continues to Rise appeared first on Weekly Real Estate News.

Mortage News

Mortgage Application Volume Responds Quickly to Recent Rate Drop

April 12, 2023 Mark Paul Cervantes Mortage News Comments Off on Mortgage Application Volume Responds Quickly to Recent Rate Drop

Mortgage applications increased last week for the fifth time in six weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 5.3 percent on a seasonally […]

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Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

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Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

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Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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