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A major push from homeowners applying for refinance loans drove the overall volume of mortgage applications. According to the Mortgage Bankers Association, a significant number of homeowners applied for a new refinance loan to close out the month of October. The uptick in activity resulted in a...

The price for an entry-level home continues to go up and is helping drive today’s strong market conditions. CoreLogic said home prices nationally have increased by 5.5% in July, the fastest year-to-year growth in two years. The blend of high demand and low-interest rates is driving home...

When the pandemic began, the real estate market took a turbulent but brief turn. Today, market performance is exceeding expectations with favorable trends of low interest rates, high buyer demand and rising home values. In the second quarter, homeowner equity surged by 6.6%, riding a 4.3% increase in...

Nearly 20 million American homeowners qualify for refinance programs that will save them hundreds of dollars per month on their mortgage. Freddie Mac’s Mortgage Market Survey also shows a seven-basis point drop in the 30-year mortgage rate. It’s a new record low. The combination of ultra-low rates, highly qualified...