Items Tagged with 'Mortgage Application'

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The digital mortgage revolution is happening now. Are you ready?

The new normal for mortgages
How fast is the digital mortgage revolution happening? Before I could even finish a feature piece for HousingWire’s magazine on digital innovation, get it edited, published and put on the website, let alone delivered in the mail, Wells Fargo rolled out an entirely new, more simplified and streamlined mortgage app for cell phones. Today’s digital pace of change is faster than fast. Are you moving with it?
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MBA: Mortgage applications reverse course

Decline amidst spring home-buying season
It was a slow week for mortgage applications despite it being peak buying season, with applications moving further away from the highs witnessed two weeks ago. Here’s where applications fell short.
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MBA: Purchase apps rise as refi apps fade

Purchase index hits highest level since January
Despite a spike in purchase applications, mortgage applications dropped for the third week straight. The rise in purchase volume was not enough to offset the continuous drop in refinance activity.
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No, this is not the end of refinance mortgage applications

Recent decrease not expected to become a trend
While the market saw a decline in mortgage applications during February, economists do not believe the trend will continue. Influenced in part by the seasonal market, as the job market improves, economists believe the housing market will continue to steadily increase throughout 2016.
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MBA: Mortgage applications fall 4.3%

Refinance activity drops after last week’s high
Mortgage applications simmered down after last week’s strong report, with applications falling 4.3%. The refinance share of mortgage activity also dropped, declining to 61% of total applications from 64.3% the previous week, which was the highest level since February 2015.
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