Mortgage Bankers Association

The Mortgage Report: A Fed Leadership Shakeup Could Mean More Interest Rate Increases

By Joanna England / June 25, 2018 /

News last week was a little mixed, but now that New York Fed chair William Dudley has retired, the impact of his departure is being felt throughout the market. However, a new report from the Mortgage Bankers Association shows good news for our strong market — home purchase applications are posting gains.  With a quickly…

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Houston Sees 15 Percent Drop in Mortgage Apps, Thanks to Hurricane Harvey

By Candy Evans / September 21, 2017 /

The impact of Harvey on Houston, who’s real estate market has been more than hard hit, is almost startling by this chart.

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Holy Schmoly More Than Half of All U.S. Homes Sold Last Year Financed by Cash — Goldman Sachs

By Candy Evans / August 22, 2013 /

This caught my eye in the Wall Street Journal last week: “more than half of all homes sold last year and so far in 2013 have been financed without a mortgage, according to an analysis by economists at Goldman Sachs Group.” According to the analysts, 20% of all homes sold before the housing crash were…

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Fed Moves and Grooves: What Does This Mean for Mortgage Rates????

By Candy Evans / June 20, 2013 /

Mortgage rates are rising, the Fed is going to ease out of bond purchases and choke back on the reins. What does this mean for our real estate market, specifically, home mortgage rates? I grabbed Guardian’s Marcus McCue fresh out of a meeting with the Mortgage Bankers Association. In fact, he wrote his response while in…

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