Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Applications to purchase a home increased 2 percent for the week – the first uptick in four weeks – a sign of optimism in the housing market. Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

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Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season Applications to purchase a home increased 2 percent for the week – the first uptick in four weeks – a sign of optimism in the housing market.

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Weekly Mortgage Applications Rise, a Sign of Hope for the Spring Homebuying Season Feb 25, 2019 Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

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Weekly mortgage applications slid 4.9 percent as homebuyers reportedly turned wary of making commitments. Potential buyers might have been concerned about the Republican tax plan, which lowers the deduction for property taxes, CNBC reported. Mortgage applications to purchase a home had their weakest showing since April, according to the Mortgage Bankers Association.

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Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

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Tight inventory and fierce competition have American homebuyers bracing for one of the most competitive spring homebuying seasons in years. But according to Realtor.com, many potential homebuyers remain confident that they will close on a home this spring despite the challenging market conditions.

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loan on my house what is a prequalification letter for a mortgage best 10 year fixed mortgage rates am i eligible for fha loan apply for a home mortgage Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season – . application volume increased 3.6 percent last week from the previous week, according to the.