Mortgage applications increase 1.3%

The fall in rates led to an increase in refinancing activity, partly driven by a 9% surge in VA applications. Following the fall in the week of 21 st June, mortgage rates were at the lowest level.

improved strongly in February and the volume of mortgage applications for home purchase rebounded as well. It appears that the negative impact of a colder March may be limited. Altogether, we forecast.

On Thursday, June 6, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rick Bowmer. The first quarter gain was more than double the 1.3% increase in the fourth quarter,

Mortgage Loan Officer Sales Training / How to Sell Higher Rate and Fees than your Competitors Mortgage Pipeline: Mortgage loans that have been locked in with a mortgage originator by borrowers, mortgage broker s or other lenders. A loan will stay in an originator’s pipeline from the time.

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