Fourth-quarter refinance production is expected to come in at $270 billion. The refinance forecast was raised from $263 billion in last month’s outlook. In addition, the fourth-quarter forecast for loans to finance home purchases was raised by $3 billion. View full post on Mortgage Stories
Posts Tagged ‘Refis’
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Purchase Lending Outlook Increased Along With Refis
November 20th, 2011 
davidguide 
Posted in Business Loans 
Tags: addition, Business Loans, Forecast, fourth quarter, home, home purchases, Mortgage, post, Production, Refis 
Comments OffRefis Down More than a Quarter
October 15th, 2011 davidguide Refinance inquiries dropped 27 percent over the past seven days, according to the U.S. Mortgage Market Index report. Refinance business was 21 percent lower than last year at this time. The refinance share was 65 percent, down from 71 percent last week. View full post on Mortgage Stories
Posted in Business Loans Tags: Business, index report, inquiries, market index, mortgage market, percent, post, quarter, Refis, seven days, View Comments OffRefis Ups, Rates Down but Headed Higher
September 17th, 2011 davidguide Loan inquiries for refinances rose 9 percent for the week in the U.S. Mortgage Market Index report. The conforming 30-year fixed-rate mortgage averaged 4.23 percent this week versus 4.24 percent in the prior report. It looks like the 30-year will be worse in the next Mortgage Market Index report based on movement in the 10-year [...]
Posted in Business Loans Tags: fixed rate mortgage, loan inquiries, Mortgage, mortgage market, percent, post, Refis, Treasury, UPS, ups rates, year fixed rate mortgage Comments OffRefis Surge
May 8th, 2011 davidguide A 15 percent jump in refinance inquiries from last week was noted in the Mortgage Market Index . Refinance share rose to 47 percent from 45 percent. This week’s share reflected a 34 percent rate-term share and a 13 percent cashout share. View full post on Mortgage Stories
Posted in Business Loans Tags: Cashout, inquiries, Jump, market index, mortgage market, percent, post, Refis, surge, term share Comments Off
