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After their first increase in six weeks, mortgage applications declined despite lower interest rates, according to the Mortgage Bankers Association.
August 29 -
Wells Fargo & Co. is cutting 638 mortgage employees as the nation’s largest home lender contends with a slowdown in the business.
August 24 -
Mortgage applications increased 4.2% from one week earlier, rising for the first time in over a month, according to the Mortgage Bankers Association.
August 22 -
Fannie Mae decreased its 2018 origination forecast for the fourth time this year in anticipation of more upward pressure on rates, and housing weakness that persists despite increased overall economic strength.
August 16 -
Mortgage applications waned for the fifth week in row, hitting their lowest levels in six months, as the summer's growing interest rates plateaued.
August 15 -
Amid a tight housing market and rising rates, mortgage brokers and wholesalers have been engaged in an intense competition for control over borrower relationships.
August 13 -
Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.
August 8 -
An increase in millennials making home purchases is a call to the mortgage industry for a quicker, more efficient digital process.
August 1 -
Mortgage applications dropped for the third consecutive week around rising interest rates and languid housing starts.
August 1 -
As regulators move forward with policy changes designed to curb so-called refinance churning of Department of Veterans Affairs-insured mortgages, concerns have surfaced about the fate of loans originated during the transition period.
July 25