Mortgage Rate Forecasts for 2018. Let’s start with the Mortgage Bankers Association (MBA). In September 2017, the industry group updated its long-range finance forecast that offers predictions for the U.S. economy and housing market. Among other things, this report included a mortgage rate forecast through 2018.
MBA: Mortgage applications rise again, but how long will this growth last? May 22, 2019 RSS FEED No comments Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering potential growth, according to the Mortgage Bankers Association.
Last week, the Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 5% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 6.4% compared with the previous week. The Refinance Index saw its third consecutive weekly increase, having grown 7.7% from the [.]
Home repossessions set to jump in 2012 Repeated warnings about a "tsunami" of home repossessions – long threatened, but yet to arrive – has raised doubts about the scale of this legacy problem from the decade-old economic crash. At.
Lending MBA: Mortgage applications rise again, but how long will this growth last? Expert says economic uncertainty could be hindering growth
Average mortgage rates are on the rise again, according to Freddie Mac’s latest primary mortgage market survey (pmms). The 30-year fixed-rate mortgage (FRM) averaged 3.99 percent for the week ending Jan. 11, up from last week when it averaged 3.95 percent.
FHA raises mortgage insurance, for life of loan A bill has been introduced in Congress which proposes that borrowers with Federal Housing Administration loans will no longer have to pay mortgage insurance premiums for the life of the loan. The “Making FHA More Affordable Act,” proposed by Rep. Maxine Waters (D-Calif.), would reinstate the FHA’s previous policy of only requiring premiums until the outstanding principal balance reaches 78% of the.The industry is in dire need of appraisers Tax Assessors. The Peach County Board of Assessors is a five-member board appointed for three-year terms by the Peach County Commissioners. The Tax Assessors’ Office appraises all tangible real and personal property, at fair market value, by utilizing uniform methods and procedures.
"The steady rise in mortgage rates. continues to weigh on mortgage applications, as total volume fell last week to its lowest level since December 2014," said Bob Broeksmit, MBA president and..
Mortgage applications decrease as interest rates rise again 5 months ago admin Mortgage application activity decreased 3% from one week earlier as rates for conventional loans continued to move higher, according to the Mortgage Bankers Association.
With 2018 all wrapped up and what eventually became the worse year for the equity markets since 2008, the slide in mortgage rates and slowdown in house price growth. According to the MBA, mortgage.
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MBA: Economic worries slow growth of mortgage applications Market Composite Index moves upward just 1.6%
· The Washington-based group’s seasonally adjusted index on mortgage activity increased 1.3% to 518.7 in the week ended June 21, propelled by a 3.2% rise in refinancing activity.