Mortgage apps drop 3.5%, refis drop 8%

Mortgage applications dropped last week, while refis hit their lowest level since September. Login. News.. Mortgage apps down, refis hit 8-month low. HomeNews. by MPA 30 Apr 2015. Most Read.

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 · Qualifying for an FHA vs. Conventional Loans. To qualify for a conventional mortgage loan vs. an FHA loan, your lender will look at your credit score, down payment, and debt-to-income level.If you have a steady income, a low debt load, and a good-excellent credit score, then a conventional loan is a great option.

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Refis Are 81% Of Mortgage Apps, Rates Drop As Post-Fed mbs rally continues.. refis Are 81% Of Mortgage Apps This morning we learned, thanks to the MBA, what lock desks already knew: mortgage applications in the U.S. declined last week for a third consecutive time. The weekly index fell 1.4%.

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Mortgage applications tumbled this week as refinancing and purchase applications continued their downward trend.Application volume fell 9.8%. Mortgage apps tumble, refis drop to lowest since.

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Weekly Mortgage Refis Rev Up, Purchases Drop. Mortgage Market Index off less than 1%. Aug. 4, 2017. By Mortgage daily staff. weekly mortgage business maintained the pace of the previous seven-day period. Increased refinance activity was offset by lower demand for loans to finance a residential property purchase.

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The Mortgage Bankers Association said Wednesday morning that its Market Composite Index of mortgage application activity rose 2.9 percent to 674.4 for the week ended May 9; applications remained.

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