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Refinancing Outpaces Purchase Loans in Latest MBA Data
The Refinance Index enjoyed a 10% hike from the previous week and was 4% higher than the same week one year ago. Continue Reading Refinancing Outpaces Purchase Loans in Latest MBA Data
Mortgage Credit Availability Up in March
MBA’s Joel Kan noted the credit supply “remains low at nearly 7% below a year ago.” Continue Reading Mortgage Credit Availability Up in March
Additional Reading: Top Mortgage Industry News & Headlines
Mortgage Rates Rise to Just Under 7%
“Mortgage rates increased to their highest level since November 2022,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise to Just Under 7%
U.S. Bank Debuts Product to Expand Minority Homeownership Access
U.S. Bank has committed $100 million over the next five years to the Access Home Loan program. Continue Reading U.S. Bank Debuts Product to Expand Minority Homeownership Access
MBA: Mortgage Application Activity Up Slightly
The MBA also reported a scant 0.1% rise in its Mortgage Credit Availability Index for June, to a level of 96.6. Continue Reading MBA: Mortgage Application Activity Up Slightly
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