Record low rates spur mortgage application filings

US economy looks strong heading into congressional elections – On Friday, the government reported that employers added a strong 250,000 jobs in October and that the unemployment rate remained 3.7 percent, the lowest level in nearly. who are now working is the.

Record low rates spur mortgage application filings – Mortgage application filings rose 3.8% for the week ending May 18 as low interest rates spurred along refinancing activity, an industry trade group said.

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Low US interest rates spur refinancing | Financial Times – Low US interest rates spur refinancing. fixed 30-year rate mortgages with conforming loan balances of $417,500 or less were steady at a record low of 3.74 per cent. The MBA said the refinance share of mortgage activity increased to 81 per cent of total applications from 80 per cent the previous week. The MBA’s weekly survey covers three-quarters of the US mortgage market.

NAR: Pending home sales up 10.3% from last year Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives cornerstone home lending surrenders georgia mortgage license On April 23, 2015, the Georgia Department of Banking and Finance entered into a Consent Order with Cornerstone Home Lending, Inc. (NMLS No. 2258), Houston, Texas and its owners, Judith Ann Belanger and Marcus Neely Laird.The housing market is on firmer ground today, as two major tax provisions survived the "fiscal cliff.". Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness.Little movement is expected in near-term sale closings, but they should edge up modestly as the year progresses,” said NAR chief economist Lawrence Yun in a statement. Pending home sales were up 7.0.

Mortgage Rate Falls to New Record Low — Again – AOL.com – WASHINGTON — The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or.

Why most black Sacramentans still can’t buy a home eight years after Great Recession – Since so many blacks pay rent today instead of a mortgage, they have been hurt the most by rent increases. Beyond economics, falling homeownership rates can have larger. investor in 2008 for.

Gold Traders More Bullish as ETP Hoard Sets Record: Commodities – The Fed said Oct. 24 it will maintain $40 billion in monthly purchases of mortgage debt and probably hold interest rates near zero until. 5.7 percent since setting a record Sept. 13. Gold’s drop.

Beginners' guide to mortgages - MoneyWeek investment tutorials Mortgage Applications Increase in Mid-March – The Market Composite Index, a measure of mortgage loan application volume. following last week’s jump in rates. U.S. Foreclosures Down to Lowest Levels Since 2008 A total of 161,875 U.S. properties.

The loan came due. Her parents couldn’t pay. Now a teen with cerebral palsy could lose her home. – But the loan the trust received was unusual for a low-income family like Angelyn’s. The $148,000, interest-only mortgage came with a 12 percent rate and. state records show. included in the.

GSEs expected to unload delinquent loans after Treasury change Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives The Forbes Guide To The Fiscal Cliff Tax Deal – Since the 157-page American Taxpayer Relief Tax Act Of 2012 (a.k.a. the “fiscal cliff” bill) became available on New Year’s Eve, Forbes. the law to see how it affects real taxpayers. For those.2017 HW Tech100 Winner: Global DMS 2017 HW tech100 winner: global dms des MOINES, IA – iEmergent, a client of Square One DSM, has been selected for the 2017 HW TECH100 by HousingWire Magazine. The recognition is given to the top technology companies leading the housing industry. iEmergent is a forecasting and advisory firm for the lending industry.Exposure to Risk is Declining for Fannie Mae and Freddie Mac. – Seven years after the housing market crashed, serious delinquency rates for most mortgage portfolios are at or near pre-recession levels, and the GSEs are no exception. The GSEs’ exposure to.

mortgage spur application rates Record filings. – The average rate on a five-year adjustable-rate mortgage fell to 3.13 percent, its lowest level on records that go back to January 2005. Last week’s reading of 3.18 percent also was a record low. Nelnet Inc. Cl A. Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management.

Low-income renters in Baltimore become migrants in their own city – Many landlords use a tenant’s rent payment to pay the mortgage on the property. obtained thousands of pages of inspection and property records, court documents, utility bills, legal opinions and.

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