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Tag Archives: Fixed-Rate Mortgage

Mortgage Credit Availability on the Rise in October

Driven by increased activity in the jumbo mortgage market, the MBA reported mortgage credit availability on the rise to begin Q4, as lenders have begun to offer more ARM products to offset mortgage rates that reached nearly 8% in the second half of October.

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Purchase, Refi Apps Both Show Gains

A consistent decline in mortgage rates has attracted the attention of buyers and those seeking refis, as the MBA reports a rise in mortgage apps in excess of 7% week-over-week.

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Homebuying vs. Mortgage Apps

mortgage application

Application volumes declined for the third week as a tough home buying market began to make an impact. Click through to learn what other factors affected apps.

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