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AE, MLO Jobs; Subservicing, Workflow, Marketing, Processing Tools; FHA News; Events This Week

AE, MLO Jobs; Subservicing, Workflow, Marketing, Processing Tools; FHA News; Events This Week
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Mortgage Purchase Applications Fall 4% From Previous Week, Mortgage Refi Applications Fall 5 35% With Increasing Mortgage Rates – Investment Watch

Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 2, 2021. The Refinance Index decreased 5 percent from the previous week and was 20 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 5 percent from one week earlier. The unadjusted Purchase Index decreased 4 percent compared with the previous week and  was 51 percent higher than the same week one year ago.

Rising Interest Rates Slow Housing Market Activity

Inman Connect Mortgage applications dropped for the week ending April 2, 2021 as mortgage interest rates continue to rise from last year’s record lows, according to the Weekly Mortgage Applications Survey from the Mortgage Bankers Association.  Mortgage apps decreased 5.1 percent on a seasonally adjusted basis from the previous week. On an unadjusted basis, the Index decreased 5 percent compared with the previous week.  “Mortgage rates resumed their upward move last week, with the 30-year fixed rate at 3.36 percent,” said Joel Kan, MBA associate vice president of economic and industry forecasting. “The return of rates to the highest level since last June contributed to a slowdown in applications for both purchases and refinances.”

Purchase Application Volume up for Fourth Consecutive Week

Purchase Application Volume up for Fourth Consecutive Week
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IT, AE, Marketing Jobs; Comp, Retention, Pre-approval Tools; Non-QM There for Non-owner and 2nd Homes?

IT, AE, Marketing Jobs; Comp, Retention, Pre-approval Tools; Non-QM There for Non-owner and 2nd Homes?
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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