Mortgage Applications On The Rise Again » Mortgage Masters Group

“A lot of people who weren’t ready to buy are actually pulling the trigger sooner; their purchasing power drops as rates rise,” said Brandon Brotsky, a mortgage broker with the Stephens-Brotsky Group.

Mortgage rates were on the rise in the week ending 18 th July. After a flat week last week, rates rose for just the 3 rd time in 13 weeks. In the week ending 18 th July, 30-year fixed rates.

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The Mortgage Bankers Association’s index of loan applications surged 16 percent in the week ended March 4, the biggest gain since June. The measure fell 6.5 percent in the previous period that.

Jonathan Gray, the powerful head of Blackstone’s real-estate group and the mastermind behind Invitation Homes, says the rise. of mortgage-backed securities, and William Young, a former mortgage.

(Bloomberg) — Suddenly, mortgage broker Mark Livingstone is working weekends and spending his meager free time reading resumes because he needs help handling the crush of refinancing applications.

Mortgage rates were on the rise again and applications continued to hit reverse. The FED will likely decide what’s next in the week ahead. U.S Mortgages – Rates Up for a 3rd Week, Weighing.

Mortgage rates edged up this week, but are still near three-year lows. If you’ve yet to refinance your mortgage or buy a home, a window of loan affordability is still open.

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Mortgage rates increased on Wednesday after the release of the Federal Reserve minutes from the june 18-19 meeting. The initial increase occurred during the morning, prior to the release of the minutes but in anticipation of them. The rate changes also came at times that were also very inconvenient for the lenders.

The average interest for 30-year fixed-rate mortgages is nearing 4 percent again. similar to getting a mortgage in that lenders will consider your FICO score, debt-to-income ratio and employment.