Declining mortgage rates drive refis and new-home purchases

Declining mortgage rates drive refis and new-home purchases. See who you know at University Lending Group, leverage your professional network, and get hired.. Declining mortgage rates drive.

Declining mortgage rates drive refis and new-home purchases Mortgage rates descended through the onset of spring’s home buying season, pushing up the share of refinance loans and volume of new-home purchase applications, according to Ellie Mae and the MBA.

First-time homebuyers have mortgage rates on their side – now if only. led by a 16% increase in refis, the highest volume of refinancing in more than a year. Purchase applications were down 4%, but.

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. "Borrowing and lending backed by commercial and multifamily properties hit another new record last year," Jamie Woodwell, vice president of commercial real estate research at the Mortgage Bankers Association, said in a press release.

Mortgage Rates Down Good New for Buyers Mortgage originations Archives Amrank Real Estate – Declining mortgage rates drive refis and new-home. Trumpcare May 16, 2019 0 mortgage rates descended through the onset of spring’s home buying season, pushing up the.

We took advantage of this year’s weakness to initiate a position in premier entry-level homebuilder DR Horton. While higher mortgage rates and labor shortages. NB: since 2008, new home starts have.

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Caliber worked to maintain its competitive edge through a purchase-driven sales strategy. This despite the 30-year fixed-rate mortgage declining to 4.84 percent, its lowest since September 2018..

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Declining mortgage rates drive refis and new-home purchases.. Market reaction to the trade dispute with China led to a modest decline in mortgage rates this week, but that shouldn’t affect home sales in the coming months, Freddie Mac said.

Mortgage Refis Down, Home Purchases Up. Share.. New-purchase mortgage applications rose 1.1 percent for the same period. The average 30-year fixed-rate mortgage rose to 4.56 percent, suggesting.

Contract signings to purchase previously owned homes unexpectedly fell for the third straight month in December, yet another sign the housing market is struggling amid elevated property prices and borrowing costs. The index of pending home sales fell 2.2%, after a 0.9% decline the previous month, according to data released Wednesday from the National Association

Freddie Mac: Declining mortgage rates boosts growth in the refinance market | 2019-05-16. 1 hour ago. Wiener’s Big Housing Bill (sb 50) shelved anew. 1 hour ago. declining mortgage rates drive refis and new-home purchases.

Manhattan home sales slide in a market clogged with listings