MBA: Mortgage applications rise again, but how long will this growth last?

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MBA: Mortgage applications rise again, but how long will this growth last? | 2019-05-22 Jersey Shore post-Hurricane Sandy shows shortfalls in rebuilding process Strata’s Guide to Renting a condo in Toronto –

Mortgage rates moved slightly higher this week, reversing their month-long. last week, providing continued support for a small resurgence in refinance activity and a continued year-over-year growth.

MBA: Mortgage applications rise again, but how long will this growth last? Expert says economic uncertainty could be hindering growth. May 22.

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MBA: Mortgage applications rise again, but how long will this growth last? Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering growth, according to the MBA. MBA Vice President of Economic and industry forecasting joel Kan said some potential homebuyers may be delaying their home search until there’s more economic certainty.

The refinance share of mortgage activity rose from last week’s 37.9% to 40.5%. The adjustable-rate mortgage share of activity fell to 6.8% of total applications. The Federal Housing Administration ‘s share of mortgage apps fell from last week’s 10.1% to 9.4%.

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Mortgage applications rose by 1.3% on a seasonally-adjusted basis for the week ending. “Markets last week reacted to a more dovish FOMC statement and forecast, with. Mortgage rates dropped again for most loan types, which led to an increase in. Mary Salmonsen is a graduate of the S.I. Newhouse School of Public.

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