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Mortgage applications were at 9 year low according to Mortgage Bankers Association. The survey is for the week of November 6th. Applications by home purchasers fell 11.7%. This is the lowest level since December 2000. The NAR reported a 5.9% increase in resales compared with the third quarter of 2008...
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The Mortgage Bankers Association today released the Weekly Survey on Mortgage Application Activity for the week ending October 23, 2009. Housing is a key component of economic forecasts, thus real estate surveys and housing data are closely scrutinized by policy makers. The Mortgage Banker's application...
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The Mortgage Bankers Association today released the Weekly Survey on Mortgage Application Activity for the week ending October 16, 2009. Housing is a key component of economic forecasts, thus real estate surveys and housing data are closely scrutinized by policy makers. The Mortgage Banker's application...
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Demand for mortgages plummeted last week, pushing the index tracking mortgage applications down to a seven month low, even as average rates for a 30-year fixed mortgage moderated, a weekly report said Wednesday. Loan applications decreased 15.8% in the week ending June 12, according to the Mortgage Bankers...
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Markets have shown little concrete direction in recent weeks, and while there will be no shortage of data in the third week of June, no single release is a dominant market mover. For those in Real Estate , three releases will of direct interest: Monday’s NAHB builder confidence survey and Tuesday’s...
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Mortgage loan applications decreased by 16.2% in the final week of May, as average mortgage rates moved up almost 50 basis points, according to the weekly survey from the Mortgage Bankers Association. Compared to the same four-day week from last year, however, loan volume was up 14.4%. Analysts often...
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Loan applications for mortgages decreased last week as average rates for a 30-year fixed rate mortgage ticked upwards, a weekly report said Wednesday. Loan applications decreased 14.2% in the week ending May 22, according to the Mortgage Bankers Association, who have been conducting the survey since...
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Mortgage Loan Applications increased 2.3% in the week ending May 15, according to the Mortgage Bankers Association on Wednesday morning. The private industry group said their weekly index ― the Market Composite Index, which began in 1990 ― is now at 915.9, a 42% advance compared to this time one year...
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Markets were hit with three poor data points before the opening bell on Wednesday. Mortgage Loan Applications took a tumble , April’s Retail Sales report unexpectedly fell, and a rise in import prices heavily outweighed a gain in export prices. In the minutes following the latter two releases,...
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Despite lower mortgage rates, loan applications for the week ending May 8 fell 8.6% compared to the prior week, said the Mortgage Bankers Association on Wednesday. The average rate for a 30-year fixed-rate mortgage decreased to 4.76% from 4.79%. The Market Composite Index, a seasonally-adjusted measure...