Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

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Weekly Mortgage Applications Rise, a Sign of Hope for the Spring Homebuying Season Feb 25, 2019 Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

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Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season. spring housing check;. A map of Miami-Dade’s priciest condo sales; Weekly mortgage applications fall as the highest rates in a month are spooking spring buyers; Blog at WordPress.com.

TribLIVE’s Daily and Weekly email newsletters deliver the. giving an incentive to potential buyers as the spring homebuying season opens. mortgage buyer Freddie Mac says the average rate on the. Using data from the millions of mortgage applications it helps mortgage lenders to process each year, Ellie Mae publishes average rates for actual.

Get financially ready for spring homebuying season. The spring home-selling season is nearly here. If you’re ready to buy a new home, you’re probably itching to tour new condos, Victorians and Cape Cods.. To earn a mortgage pre-approval, you have to send your lender copies of such.

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Weekly mortgage applications slid 4.9 percent as homebuyers reportedly turned wary of making commitments. Potential buyers might have been concerned about the Republican tax plan, which lowers the deduction for property taxes, CNBC reported. Mortgage applications to purchase a home had their weakest showing since April, according to the Mortgage Bankers Association.

Tight inventory and fierce competition have american homebuyers bracing for one of the most competitive spring homebuying seasons in years. But according to Realtor.com, many potential homebuyers remain confident that they will close on a home this spring despite the challenging market conditions.

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