Items Tagged with 'MBA'

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  • MBA: Economic worries slow growth of mortgage applications

    Market Composite Index moves upward just 1.6%
    Mortgage applications slightly inched forward for the week ending on March 15, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said mortgage rates declined once again, as concerns about the slowing global economy and status of Brexit drove investors' demand for U.S. Treasuries.
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  • MBA: Spring home buying season likely to be strong as mortgage applications heat up

    Purchase applications increase annually for the fourth consecutive week
    Mortgage applications reversed course for the week ending March 13, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said purchase applications have now increased year over year for four weeks, which signals healthy demand entering the busy spring home buying season.
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  • MBA: Rising mortgage rates put a damper on application volume

    Applications for 30-year fixed rate rise 2.5%
    Mortgage applications took a tumble for the week ending Mar.1, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Senior Vice President and Chief Economist Mike Fratantoni said slightly higher mortgages rates last week led to a decrease in application volume.
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  • Former MBA President David Stevens joins ProxyPics

    Stevens joins company as a senior strategic advisor
    ProxyPics, a platform to obtain real-time photos of properties, announced that former MBA President David Stevens has joined the company as a senior strategic advisor. ProxyPics’ CEO and Founder Luke Tomaszewski said in a press release that he is excited to bring Stevens on board and that Stevens will be contributing his in-depth housing market knowledge and expertise to the company.
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  • [WATCH] CoreLogic removes pain points from real estate tax payments

    The DigitalTax Platform provides the right data at the right time
    Regulators are scrutinizing the timeliness and accuracy of real estate tax payments, which means lenders need reliable tax solutions to stay compliant. By leveraging the power, scale and breadth of its data, CoreLogic is able to equip clients with a solution that meets these demands.
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  • MBA: More Americans are applying for mortgages as interest rates stabilize

    Applications for 30-year fixed rate rise 5.3%
    Mortgage applications rose again for the week ending Feb. 22, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Senior Vice President and Chief Economist Mike Fratantoni said homebuyers are responding favorably to a more stable interest rate environment.
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  • Refinance applications plummet to 18-year low

    Overall applications marginally fall
    Refinance applications fell to an 18-year low in the last week. Yes, you read that right. They haven't been this low since the early 2000s. Overall, mortgage applications crept backwards 0.1% for the week ending November 16, 2018, according to new data from the Mortgage Bankers Association's weekly Mortgage Applications Survey.
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  • Mortgage applications can't stay afloat

    Applications fall 3.2% from previous week
    Mortgage applications fell 3.2% for the week ending November 9, 2018, according to new data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Director of Economic and Industry Forecasts Joel Kan said recent volatility in the financial markets and increasing rates continue to adversely impact mortgage application activity.
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  • MBA: Mortgage applications fall 4%

    Seasonally adjusted Purchase Index reaches 2-year-low
    Mortgage applications retreated 4% for the week ending November 2, 2018, according to new data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Director of Economic and Industry Forecasts Joel Kan said it’s evident that housing inventory shortages continue to impact prospective homebuyers this fall.
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