Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

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fha assumable mortgage guidelines private mortgage insurance calculator fha apply for a home mortgage weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season – . application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

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Weekly Mortgage Applications Rise, a Sign of Hope for the Spring Homebuying Season February 25, 2019 Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

Rates great, home prices less filling. The benchmark 30-year fixed-rate mortgage was 3.97 percent, unchanged from last week, according to the Bankrate.com national survey of large lenders. The mortgages in this week’s survey had an average total of 0.41 discount and origination points. One year ago, the mortgage index was 4.75 percent;

This quarter we experienced a decrease in residential mortgage activity, with greater pressure on spreads, although the first quarter is normally when we see the results of winter season. Applications.

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