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Posts Tagged ‘ mortgage ’

MBA: Mortgage Applications Increased in Latest Weekly Survey

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MBA: Mortgage Applications Increased in Latest Weekly Survey

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 8.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 27, 2019. … The Refinance Index increased 14 percent from the previous week and was 133...
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Black Knight Mortgage Monitor for July: National Delinquency Rate near Series Low

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Black Knight Mortgage Monitor for July: National Delinquency Rate near Series Low

Black Knight released their Mortgage Monitor report for July today. According to Black Knight, 3.46% of mortgages were delinquent in July, down slightly from 3.61% in July 2018. Black Knight also reported that 0.49% of mortgages were in the foreclosure process, down from 0.57% a year ago. This gives a total of 3.95% delinquent...
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“No, Mortgage Rates Are No Longer “Sharply Lower” This Week!”

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“No, Mortgage Rates Are No Longer “Sharply Lower” This Week!”

From Matthew Graham at Mortgage News Daily: No, Mortgage Rates Are No Longer “Sharply Lower” This Week! Mortgage rates were sharply higher today, with the average 30yr fixed rate quote rising by almost an eighth of a percentage point in some cases. A move of that magnitude in one day is the sort of...
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Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

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Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 0.70% in June, from 0.70% in May. The serious delinquency rate is down from 0.97% in June 2018. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked in...
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Freddie Mac: Mortgage Serious Delinquency Rate unchanged in June

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Freddie Mac: Mortgage Serious Delinquency Rate unchanged in June

Freddie Mac reported that the Single-Family serious delinquency rate in June was 0.63%, unchanged from 0.63% in May. Freddie’s rate is down from 0.82% in June 2018. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. This equals the lowest serious delinquency rate for Freddie Mac since November 2007. These are mortgage loans...
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MBA: Mortgage Applications Increased in Latest Weekly Survey

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MBA: Mortgage Applications Increased in Latest Weekly Survey

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 21, 2019. … The Refinance Index increased 3 percent from the previous week. The seasonally adjusted...
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Mortgage Equity Withdrawal Negative in Q1

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Mortgage Equity Withdrawal Negative in Q1

Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008. The following data is calculated from the Fed’s Flow of Funds data (released last week) and the BEA supplement data on single family structure investment. This is an aggregate...
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“Mortgage Rates Drop Quickly as Market Panic Sets In”

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“Mortgage Rates Drop Quickly as Market Panic Sets In”

We could see a 3 handle for mortgage rates tomorrow. From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates in More Than a Month Mortgage rates dropped quickly today as global financial markets underwent a volatile shift. When money is flowing out of stocks and into bonds (as it was today) rates move...
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MBA: Mortgage Purchase Applications up 13% YoY

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MBA: Mortgage Purchase Applications up 13% YoY

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 5, 2019. … The Refinance Index decreased 11 percent from the previous week. The seasonally adjusted...
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Freddie Mac: Mortgage Serious Delinquency Rate Decreased in October

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Freddie Mac: Mortgage Serious Delinquency Rate Decreased in October

Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.71%, down from 0.73% in September. Freddie’s rate is down from 0.86% in October 2017. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. This is the lowest serious delinquency rate for Freddie Mac since January 2008. These are mortgage loans...
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