Types Of Mortgages Loans Mortgage Applications Surge, Signaling Start of Promising home buying season – “Thanks to an unexpectedly large drop in mortgage rates following last week’s FOMC meeting, purchase applications jumped six percent and refinance applications surged over 12 percent. “Rates dropped.
Mortgage Application Volumes Drop in U.S. – The refinance share of mortgage activity decreased to 48.9 percent of total applications from 49.0 percent the previous week. The adjustable-rate mortgage (ARM) share of activity remained unchanged at.
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Mortgage Applications Dips in Late May – The adjustable-rate mortgage (ARM) share of activity decreased to 6.1 percent of total applications. The FHA share of total applications increased. housing starts edged higher in October 2018..
Affordability is Declining and is Likely to Get Worse – Their calculations presumed a 3 percent down payment, the minimum available from FHA and less than required by. However, factoring in some interest rate forecasts leads to a conclusion that.
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Average U.S. Home Seller Profits At 12-Year High Of $61,000 In 2018 – "The economy is still going strong and home loan rates remain historically low. But there are potential clouds on the horizon. The effects of last year’s tax cuts are wearing off as limits on homeowne.