Very slight increase in mortgage application volume this week

Total mortgage application volume decreased 3.5% last week from the previous week, according to the Mortgage Bankers Association. Volume was 14% higher compared with the same week one year ago.

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Mortgage app volume increases as refi share slips.. Mortgage application volume increased during the week ending Jan. 19, while refinances recorded a decline in their share of overall activity.

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Competition for new loan production is intense and we will not chase loan production volume, but be much leasing our underwriting standards to do so. Clearly, some lenders have done so, given the.

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MBA: Mortgage applications post slight decline Brena Swanson is formerly the Digital Reporter for HousingWire. Brena joined the HousingWire news team in February 2013, also serving in the roles of.

“After holding steady for much of the past week, mortgage rates shot up again on Wednesday after very strong inflation data spurred fears that the Federal Reserve will increase interest. a measure.

We continue to see great improvements from our new digital lending platform, which is now converting our web traffic into loan originations with a 30% improvement over our prior site. With the.

Just a slight trend higher in interest rates was enough to stall both potential home buyers and borrowers looking to refinance their loans. Total mortgage application volume fell 7.2 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).

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CoreLogic launches intelligent multisource property data aggregator The new RP Data Pro app from CoreLogic RP Data will enable property and finance professionals to quickly access vital property data while on the move from their Apple devices. Accessed via the internet using Wi-Fi or 3G/4G networks, it is designed to improve efficiency and responsiveness in an increasingly fast paced and competitive property.Lower application volume cuts CoreLogic’s net income by 54% The decline in operating income was principally attributable to lower mortgage application volumes as well as charges associated with cost-reduction programs, including severance and real estate.

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