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Latest data from the Mortgage Bankers Association reveals significant shifts in application volume, driven by declining rates and robust refinance demand, while purchase applications show steady growth despite lingering challenges in the housing market.
In less than 10 years today’s guest went from high end retail to high tech mortgages.
Program will not reduce consumer costs like Biden administration claims, say trade groups
Specialist in Non-QM and investor rental programs emerges as dominant player.
Major trade associations like The MBA, NAMB, and BAC, urge action on S. 3502.
Despite a 3.2% increase from last year, Federal Reserve is expected to hold off amid lingering inflation concerns; housing expenses remain stubbornly high.
ServiceLink's State of Homebuying Report reveals that younger generations remain undeterred by high mortgage rates and lower incomes, showcasing their determination to enter homeownership amidst current market conditions.
Listen to the Mortgage Banker Magazine March 2024 cover story.
HUD Secretary Marcia Fudge to depart the Biden administration by the end of the month.