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Mortgage Volume Tumbles

For loans with lower down-payment requirements, explore government-backed mortgages like VA loans and FHA loans or speak to your Mortgage Loan officer about other options that may be available. Credit history – Conventional loans are a good choice for borrowers with very good credit, which generally means a FICO score of 740 or higher.

HELOC volume takes a tumble After soaring to a near 10-year high, HELOC originations took an unexpected tumble in the third quarter, falling 14% from the previous quarter and 11% from the year before. But one expert says volume should trend upward in 2019, as rising rates make HELOCs an attractive option for tapping home equity.

Miami-Dade Condominium Sales Increase Year-over-Year in 1Q 2019 Researching Miami-Dade’s luxury market as a whole may be *a bit off but in looking at the #’s for Miami-Dade $1M+, we find 211 CONDO sales above $1M trading 1Q at $781PSF. The same period (1q) 2017, we find 187 CONDOS trading at $763 PSF. Luxury Sales UP 12% with Selling PPSF (Median) UP 2.3%.

Q4 Overall real estate loan volume tumbles, But Hotel Loans Increase. WASHINGTON- According to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers.

Reverse Mortgage Volume Tumbles to New 2016 Low in July-After a slight bump in HECM endorsements in June, industry volume tumbled once again-this time to the lowest level seen this year thus far. In July, hecm endorsements totaled 3,534 loans, a decrease of 6.3% from the previous month.

Hipoteca Revertida – Reverse Mortgage Miami Florida Hipoteca revertida para la tercera edad. La hipoteca revertida es una modalidad creada por el Departamento de Vivienda y Desarrollo Urbano de Estados Unidos (Housing and Urban Development – HUD). Se trata de un prstamo privado con seguro federal y un plan que puede brindar a los estadounidenses mayores una mejor seguridad financiera.

There was a 6 percent year-over-year decline for life insurance company loans, a 2 percent decrease in Commercial Mortgage Backed Securities (CMBS) loans, and a 4 percent increase in the dollar volume of government sponsored enterprises (GSEs – Fannie Mae and Freddie Mac) loans.

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After falling eight straight weeks, mortgage rates were poised to rise. Then Ben Bernanke gave a speech that led to a rate drop.. Mortgages tumble to 7-month low. Polyana da Costa @Polyanad .

GSE Refinances Climb to 10-Month High. Annual volume tumbles. Feb. 14, 2018. By Mortgage Daily staff. The final month of last year saw refinances of government-sponsored enterprise loans climb to a 10-month high. But annual refinance production tumbled.

– Reverse Mortgage Volume Tumbles to New 2016 Low in July-After a slight bump in HECM endorsements in June, industry volume tumbled once again-this time to the lowest level seen this year thus far. In July, HECM endorsements totaled 3,534 loans, a decrease of 6.3% from the previous month.

Q1 Mortgage Volume Tumbles, 2 New Top. Stocks slip as strong jobs report dims hopes for an interest-rate cut – The major indexes headed lower from the get-go Friday, a tumble that briefly knocked 230 points off the. or 0.2%, to 1,575.