Items Tagged with 'mortgage applciations'

ARTICLES

  • Washington Post: Fannie and Freddie will soon offer modern mortgages for the gig economy

    GSEs want lending partners to offer home loans to new professionals
    As much as 43% of the U.S. workforce could be part of the gig economy by 2020. Those who work in the gig economy typically can't qualify for home loans, which is going to be a problem for the housing market if 43% of the workforce can't qualify for a home loan. Fannie and Freddie are working to find solutions to the issue.
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  • MBA: Mortgage refinances drop to 18-year low

    But mortgage rates continue to increase
    Mortgage applications followed last week’s decreasing trend, falling 2.6% from last week and the refinance index dropped to its lowest level since December 2000, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 18, 2018.
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  • MBA: Refinance applications fall to eight-year low

    Mortgage applications fall back for second straight week
    The share of mortgage applications for refinances just fell to a level not seen since October 2008, new data from the Mortgage Bankers Association showed. According to the MBA’s latest Weekly Mortgage Applications Survey, the refinance share of mortgage activity declined to 44% percent of total applications, the lowest that figure has been in more than eight years.
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  • Refinance applications finally jump after weeks of historically low interest rates

    Is the message finally getting through?
    After weeks and weeks of historically low mortgage interest rates having little to no impact on the volume of refinance applications, it finally appears that consumers are getting the message about interest rates. According to a new report from the Mortgage Bankers Association, mortgage applications rose last week, with the increase coming entirely from refinance applications.
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  • MBA: Mortgage applications jump 7.3%

    Purchase and refinance applications both rise
    After two weeks of remaining relatively stagnant, mortgage applications rose by more than 7% or the week ending Dec. 18, the latest data from the Mortgage Bankers Association showed.
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