Application activity increases, led by uptick in refis

Application activity increases, led by uptick in refis

Lenders scolded for climate ignorance in ‘insane’ Florida deals Inventory keeps contracting as higher rates deter sellers: Redfin Ginnie Mae must balance supervision with the scope of servicers’ risk Certain portions of the Florida real estate market are at risk of a permanent crash. This may simply be a precursor to similar crashes elsewhere.. Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Real Estate Deals. bloomberg.com. May 21 at 8:08 PM

Many SME owners believe they have been strung along in the course of long, drawn-out approval processes, or have been told informally to not even apply as part of an effort to massage the loan.

 · Construction and real estate activity increased slightly over the reporting period, and contacts characterized the market with terms such as "plowing ahead" or "solid." Residential construction contacts reported a moderate increase in building, led by.

According to the Mortgage Bankers Association, the seasonally adjusted index of mortgage application activity increased 8.4% in the week ended June 5, the first increase in seven weeks. Refinancing applications gained more than 7% while purchase applications were up almost 10%, although applications for new home mortgages were down 9% in May.

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