Total mortgage application volume decreased 7 percent on a seasonally adjusted. All sellers and few buyers means prices tumble and rates rise," wrote Matthew Graham, chief operating officer of.
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Mortgage Loan Rates Tumble to 3-Year Low on China Devaluation Paul Ausick.. e fully expect that refinance volume will jump even higher this week given the further drop in rates.
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As interest rates have risen over the last several months, mortgage originations appear to be trending down, especially in the refinance space.
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Mortgage application volume wasn't as stellar as it was last week as rates climbed slightly, but it was still up across the board on an annual.
First Quarter Mortgage Volume Tumbles, Two Top-10 Players Unseated. in Market Studies May 5, 2010 308 Views.
Mortgage borrowers backed away last week, as suspense continued to build ahead of this Thursday’s Federal Reserve decision on the future of interest rates. Total mortgage application volume decreased.
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The housing index, which includes homebuilders, building materials and mortgage stocks, up 0.7 percent after market open, fell as much as 1.6 percent after the news. Shares in MDC Holdings (MDC.N).
After a slight hiccup that saw a modest gain in June reverse mortgage volume, Home Equity Conversion Mortgage (HECM) endorsements plummeted once again to their lowest level seen this year. HECM endorsements fell 6.3% in July to 3,534 loans, marking the lowest single-month tally for 2016, according to the most recent industry data tracked by [.]
In a report, the mortgage bankers association said their mortgage market index, a measure of mortgage loan application volume, dropped by a seasonally adjusted 7.3% in the week ending September 16 to.
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