The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown’s…
Posts published in “USDA home loans”
Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. …
Mortgage applications and refinance applications increased during the week ending Dec. 11, 2020, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new…
Refinance rates increased by 0.4 percent week over week and 111 percent year over year, according to data from the Mortgage Bankers Association. Source: Inman…
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…