March 15, 2025

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Data suggests refi applications are up. But LOs aren’t seeing a surge of business

  • August 16, 2024

When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged. Despite what seems like welcome news for loan originators, who have suffered through thinning margins for two years, refinance business has yet to go up much, LOs told HousingWire. “I was going

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Mortgage

What happens to the housing market when mortgage rates finally come down?

  • July 15, 2024

Inventory is slightly down There are currently 651,000 single-family homes unsold on the market around the country. That’s actually just a fraction of a percent fewer than a week ago. Inventory is 38.5% more than a year ago. Still, there are 32% fewer homes on the market now unsold than in 2019. Inventory is growing in

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