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Purchase Loan Market MIA
Lenders originated 1.55 million residential mortgage loans during the first quarter of 2015. The number, includes loan originations for both purchases and refinances of single family homes and condominiums. RealtyTrac, in its U.S. Residential Loan Origination
More Than Half of Sales Remain All-Cash in Some Markets
The influence of cash sales on the residential real estate market continued to decline in February with those sales accounting for 37.9 percent of total home sales. This is still a significant number, before the housing crisis such sales typically made
Purchase Applications Fare Better Amid Rising Rates
Rising interest rates took a toll on mortgage applications again during the week ended May 8. The Mortgage Bankers Association said that its Market Composite Index a measure of overall mortgage application volume, was down 3.5 percent on a seasonally
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...