After a sharp drop earlier in the month, mortgage application activity has gained back some ground, as the composite index in the Mortgage Bankers Association’s weekly survey gained 2.4% during the week that ended July 18.
· Over the last few years, we have seen mobile device sales explode and PC sales stagnate. While there have been plenty of opinions as to the reason for this shift, there has been very little research to explore the impact of this “Post PC revolution”. Let’s take a look at how smart mobile devices, led by iOS & Android, have affected the PC market.
Application activity slightly higher on purchases Last week the Mortgage Bankers Association reported a slight increase in application activity due to an uptick in purchase activity. The Purchase Index rose nearly 3% to 404 for the week ending March 24, while the Refinance Index was 1% lower to 1558.
· It looks like the uptick rule might return from the dead. The 1938 rule–which stated that short-sellers could only sell securities after a share price increase–was repealed in July 2007.
Tax reform had an effect on nearly half of homebuyers: Redfin Existing-home sales ease more than forecast to 5.2 million Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to inventory increases, compared to 2017’s 0.4 percent increase or 5.47 million homes.
New home loan application volume drops for first time in 2017 The “spring selling season” is the time of year when new home hunters traditionally set out to find their first home. But unless something is done to reform the feudal leasehold system, thousands risk.
“Failure to resolve differences and a resulting increase in tariff barriers above and beyond what is incorporated into the forecast would lead to higher costs of imported intermediate and capital goods and higher final goods prices for consumers.” Mortgage Applications decreased 5.6% last week as purchases rose 1% and refis fell 11%.
Application activity increases, led by uptick in refis Johnson Posted in FHA Loan Articles Contents additional violation identified informational outreach activities Totals stems largely vendor pclender banks Leave financial marketers wondering Fiserv acquires LOS vendor PCLender Higher mortgage rates prove to be mixed blessing for U.S. Bancorp.
People on the move: Dec. 15 People on the Move: January 15. GDA Staff // News & Commentary January 15, 2010. Tradeshow management MMPI promoted Su Hilty to vice president of marketing for permanent showroom Su Hilty: building 7 W New York, effective immediately. Hilty will be responsible for providing senior level.Mortgage banks must do more than just stick to their knitting now Fannie Mae diversifies Day 1 Certainty report suppliers So after £13bn of losses over the past two years, it will be hard not to breathe a sigh of relief that Lloyds made a pre-tax profit of £1.6bn in the first six months of this year. Why the big recovery.Continue to put as much money aside as possible, in case your closing costs are higher than estimated. If you do these things, you should be able to keep the mortgage process on track. But if you have any major changes in these areas, you can still be denied for a mortgage after being pre-approved.
June saw a major uptick in applications flanked by a notable drop in rates across the board, according to data compiled by the Mortgage Bankers Association (MBA) in its Weekly Mortgage Application Surveys published throughout the month. After relatively little movement in May, applications spiked the first week of the month, dipping only slightly the following week.