Sentences with phrase «effect on the mortgage application»

So my question is, will this have any effect on the mortgage application?

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As such, the OSFI's oversight of the CMHC should have a dampening effect on the housing market as more and more mortgage applications will inevitably get rejected or, at the very least, be subjected to higher scrutiny.

Earlier this year, mortgage experts speculated that new mortgage rules could have a dampening effect on hot real estate markets, as more and more mortgage applications... Read More

In this video, NAR Chief Economist Lawrence Yun talks about the decline in mortgage applications, the small increase in pending sales, signs of a stabilizing market, rising numbers of first - time homebuyers and their effects on wealth inequality.

Since government mortgage applications for purchase were less effected by the boom and bust cycle in the housing market, restoring the level of total mortgage applications will require continued recovery on the conventional side.