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Mortgage Bankers Association (MBA)

Mortgage Apps Decline 6.6 Percent Week Over Week

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Mortgage applications decreased 6.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 24, 2014. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.6 percent on a seasonally adjusted basis from one week earlier.Click to continue

Zillow: Mortgage Rates Rise Slightly, But Remain Below Four Percent Mark

For Sale/Credit: Stockbyte

The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.85 percent, up four basis points from this time last week. The 30-year fixed mortgage rate hovered around 3.90 percent for most of the week, dropping to 3.77 percent Wednesday before rising to the current rate.Click to continue

Commercial-Multifamily Originations See 18 Percent Quarterly Rise

Commercial Real Estate

According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, third quarter 2014 commercial and multifamily mortgage loan originations were 16 percent higher than during the same period last year, and 18 percent higher than the second quarter of 2014.Click to continue

MBA Recognizes New Commercial/Multifamily Future Leaders Program

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The Mortgage Bankers Association (MBA) has recognized 17 of the best and brightest mortgage professionals in a graduation ceremony for MBA’s inaugural Commercial/Multifamily (C/MF) Future Leaders Program. MBA's C/MF Future Leaders Program delivers a comprehensive leadership training experience for selected participants through three events offered throughout the year.Click to continue

MBA Forecasts $1.19 Trillion in Originations in 2015

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The Mortgage Bankers Association (MBA) has announced that it expects to see $1.19 trillion in mortgage originations during 2015, a seven percent increase from 2014. While MBA anticipates purchase originations will increase 15 percent, it expects refinance originations to decrease three percent.Click to continue

Refi Apps Begin to Gain Steam

House Atop Money/Credit: Creatas

Mortgage applications increased 11.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 17, 2014. This week’s results did not include an adjustment for the Columbus Day holiday.Click to continue