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New home loan application volume drops for first time in 2017

April 2017 Mortgage Rates Forecast (FHA, VA, USDA, Conventional). and many mortgage rates predictions have them unchanged-to-higher through 2017. Loans. 2019 – 6 min read First time home.

Driving the major drop in applications, the Refinance Index decreased 13% from the previous week to the lowest level since January 2017. The seasonally adjusted Purchase Index, though, also.

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Home MBA: mortgage applications drop for first time in 2018. Lending MBA: Mortgage applications drop for first time in 2018. people in your community are looking for a new place to call home.

On an unadjusted basis, the MBA estimates that there were 50,000 new home sales in April 2017, a decrease of 19.4 percent from 62,000 new home sales in March. MBA’s Builder Applications Survey tracks application volume from mortgage subsidiaries of home builders across the country.

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The form was initially published in August 2016 and updated in December 2017. It was redesigned to improve the borrower experience, enable lenders to more easily and accurately capture relevant loan application information, and support the industry’s move to digitize the loan origination process. To get started, review the documents below.

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