A 4% jump in purchase applications led the 1st increase in 8 weeks.
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David Krechevsky was an editor at NMP.
A 4% jump in purchase applications led the 1st increase in 8 weeks.
Revised Primary Mortgage Market Survey (PMMS) debuts Thursday at noon.
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Higher rates and the worsening outlook for the housing market and economy cited for decline.
Commitment Mortgage will serve clients in Indiana.
PRMI has seen a four-day reduction in dwell time for mortgages closed as eNotes, leading to a savings of more than $250 per loan.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Chief Economist Lawrence Yun says prices could rise slightly in 2023.
Rate lock volume is now down are now down 30% over the past three months and 61% YOY.
Deal is expected to add $2 billion in annual mortgage loan volume to Mortgage's origination platform.