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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories MBA Reduces 2010 Origination Outlook Again. Home Prices to Stabilize in Spring In spite of issuing a disquieting set of projections for the mortgage industry last month, the Mortgage Bankers Association managed to issue even grimmer...
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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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The U.S. economic slowdown and credit crunch are beginning to affect the commercial real estate market in the United States, according to a report from the Mortgage Bankers Association on Thursday. "Despite relatively modest new construction activity, the slowdown in job growth, retail sales and...
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Mortgage debt in commercial/multifamily dwellings dropped 0.1% in the third quarter to 3.44 trillion, according to a Mortgage Bankers Association (MBA)examination of the Federal Reserve Board Flow of Funds data. Commercial/multifamily mortgage outstanding debt fell by $3.3 billion from the second quarter...
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In a speech to the Mortgage Bankers Association on Friday, Assistant Treasury Secretary in change of the TARP, Neel Kashakri , said that banks will continue to supply credit as confidence returns to the markets. "In just over one month, we have disbursed an estimated $151 billion to 52 institutions...
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In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business...
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Weekly mortgage applications in the United States increased in the week ending Sept. 5, according to data released from the Mortgage Bankers' Association (MBA) on Wednesday, which reported a 9.5% week-over-week rise in applications. In the previous week, applications also rose by 7.5%. The portion...
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Weekly mortgage applications in the United States increased in the week ending Aug. 22, according to data released from the Mortgage Bankers Association (MBA) on Wednesday, which reported a 0.5% week-over-week rise in applications. In the previous week, applications also fell by 1.5%. The portion of...
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Mortgage interest rates for the week ended August 14 as reported from data collected by Freddie Mac from its Primary Mortgage Market Survey drifted in a very narrow range as they have done for most of 2008. In the case of the 30-year fixed-rate mortgage (FRM) the rates are not even drifting; they appear...
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Weekly mortgage applications in the United States fell in the week ending Aug. 8, according to data released from the Mortgage Bankers Association (MBA) on Wednesday, which reported a 1.5% week-over-week decline in applications. In the previous week, applications rose by 2.8%. The portion of fixed-rate...