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Mortgage Applications Face a Slight Decline

Mortgage Applications Face a Slight Decline

Mortgage applications decreased 0.1 percent from the week prior, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey.

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Average Mortgage Rates Continue to Drift Through the Summer

Average Mortgage Rates Continue to Drift Through the Summer

After hitting a four-month low, Mortgage rates took some baby steps up, however, they continued to hover around the same range they have been all summer, a report by Freddie Mac indicated.

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Steady Interest Rates Revive Mortgage Volume

Steady Interest Rates Revive Mortgage Volume

After watching their numbers fall for much of the previous month, mortgage borrowers have this last week come back to the table to refinance as well as purchase homes.

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Weekly Mortgage Applications Fall as Homebuyers Drop out

Weekly Mortgage Applications Fall as Homebuyers Drop out

Despite a slight drop in mortgage interest rates, pricey properties remained unenticing for homebuyers. According to the Mortgage Bankers’ Association report, the industry saw a 2% drop in Mortgage application volume during the course of last week. That volume is 19% lower than what it was for the same week a year ago, when interest rates were lower.

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Where is the Mortgage Industry Headed in 2018?

Where is the Mortgage Industry Headed in 2018?

Effective marketing and loan fulfillment programs, coupled with a laser-sharp focus on customer service will drive the mortgage industry to generate solid revenue and profit in a tough year according to a white paper titled “Efficient Collateral Valuation Key to Success in 2018,” published by Veros Real Estate Solutions (Veros) recently.

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Interest Rates Down but Only Slightly

Interest Rates Down but Only Slightly

Mortgage rates were slightly lower for the 3rd straight business day, but not for any particular or identifiable reason. Because of the relatively narrow range, rates are now technically as low as they've been since July 25th for the average lender. There are major caveats though.

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