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Reflecting the post-election interest rate rise, closed purchase loans were 57% of February's total volume, according to Ellie Mae's Origination Insight report.
March 15 -
Mortgage interest rates increased 11 basis points over the previous week, reaching their highest level so far in 2017, according to Freddie Mac.
March 9 -
Nonbanks are gaining on their bank competitors when it comes to the market share of purchase loan originations.
March 2 -
Mortgage interest rates fell after four consecutive weeks of holding steady, according to Freddie Mac.
March 2 -
Soaring home prices have created market volatility that's making it difficult for appraisers to accurately pinpoint home values and putting mortgage approvals and home sales in jeopardy.
March 1 -
Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.
March 1 -
Mortgage application activity increased by 5.8% during the week of Feb. 24.
March 1 -
The number of consumers looking to buy a home reached an all-time high in January.
February 28 -
Contracts to buy previously owned homes declined in January due to higher rates and prices
February 28 -
A consumer's home purchase power declined in December as a result of higher interest rates.
February 28