Sentences with phrase «of total mortgage applications»

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.

FHAs took an 11 % share of total mortgage applications, up from 10.1 % a week earlier; VAs were up to 10.9 % from 10.3 %; and the share that was for USDAs was unchanged at 0.8 %.

ARMs made up just 5 percent of total mortgage applications in early June, down significantly from March 2007, when ARM application rates comprised 21.9 percent of loan applications, according to the Mortgage Bankers Association.

Earlier this month, the Mortgage Bankers» Association reported that adjustable - rate mortgages (ARMs) may be making a slow comeback as the share of ARMs increased to 7.4 percent of total mortgage applications.

The FHA share of total mortgage applications dropped from 10.3 % a week ago to 10.1 %.

The refinance portion of total mortgage applications reached its lowest levels in ten years after dropping to 36.3 % from 36.5 % a week ago.

Not exact matches

The refinance share of mortgage activity decreased to 46.4 percent of total applications, its lowest level since July, from 47.8 percent the previous week.

With the new funds totaling $ 15 million, Better Mortgage will expand a nascent program of offering homeowners a guaranteed interest rate within 20 minutes of filling out an online application, said Chief Executive Vishal Garg.

The Mortgage Bankers Association reported that total applications for a home mortgage fell 3.0 % w / w, extending the declines of the prior siMortgage Bankers Association reported that total applications for a home mortgage fell 3.0 % w / w, extending the declines of the prior simortgage fell 3.0 % w / w, extending the declines of the prior six weeks.

When it comes to mortgage approval, much depends on the borrower's total debt load at the time of application, as well as the payment history.

In general, mortgage lenders allow just 75 % of a home's total rental income to be claimed on a mortgage application because rental homes go sometimes vacant.

According to the website of New York State Attorney General Eric Schneiderman, the Attorney General allocated a portion of funding from the National Mortgage Settlement — $ 20 million total — to fund legally designated land banks in New York State through a competitive request for applications.1 The first round of funding was announced this past October.

When it comes to mortgage approval, much depends on the borrower's total debt load at the time of application, as well as the payment history.

The refinance share of mortgage activity increased to 57 percent of total applications, the highest level since February, while the adjustable - rate mortgage share of activity increased to 7.6 percent.

Private lenders are keener on the price of a house and the total debts on it when deciding whether to approve or throw out a mortgage application.

Mortgage underwriters calculate the ratio of your total debt (including your new mortgage payment and all of your installment debts) to your gross income when reviewing your applMortgage underwriters calculate the ratio of your total debt (including your new mortgage payment and all of your installment debts) to your gross income when reviewing your applmortgage payment and all of your installment debts) to your gross income when reviewing your application.

The Uniform Residential Loan Application starts the mortgage approval process, but you also review and sign supplemental disclosures that show the total costs of financing a home.

The adjustable - rate mortgage (ARM) share of activity decreased to 6.5 % of total applications.

BMO's limited time offer for any new, refinanced or renewed mortgage application before Oct. 31, 2016, gives any borrower a chance to win a year of no mortgage payments — up to a limit of $ 28,000 in total annual mortgage payments.

The adjustable - rate mortgage (ARM) share of activity increased to 6.1 percent of total applications.

ARMs fell to around 3 % of total application volume after the housing crisis, as a result of being labeled a «high - risk» mortgage product.

During the application process, the reverse mortgage lender must disclose the estimated total cost of the loan (as required by the federal Truth in Lending Act.)

MBA also indicated that the adjustable - rate mortgage share of activity decreased to 4.7 % from 4.9 % of total applications from the previous week.

According to the latest survey for the week ending April 1, the refinance share of mortgage activity now sits at 54.5 % of total applications.

Last week, the Mortgage Bankers Association weekly mortgage applications survey showed that the overall refinance share of mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previoMortgage Bankers Association weekly mortgage applications survey showed that the overall refinance share of mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previomortgage applications survey showed that the overall refinance share of mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previomortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previous week.

The adjustable - rate mortgage (ARM) share of activity decreased to 5.1 percent of total applications.

The refinance share of mortgage activity increased to 64.2 percent of total applications from 64.0 percent the previous week.

The refinance share of mortgage activity increased, however, to 56.2 percent of total applications from 55.1 percent the previous week.

The adjustable - rate mortgage (ARM) share of activity increased to 6.0 percent of total applications — the highest level since February 2016.

The refinance share of mortgage activity increased to 55.4 % of total applications, up from 54.9 % the previous week.

The adjustable - rate mortgage share of activity increased to 5.7 % of total applications.

The refinance share of mortgage activity fell further, sinking to 52.8 % of total applications from 52.9 % the previous week.

The refinance share of mortgage activity is also backing away from its once increasing trend and instead decreased to 54.4 % of total applications from 55.4 % the previous week.

Total volume for mortgage applications jumped 14 percent on a seasonally adjusted basis this week, as interest rates continue their freefall in the wake of the «Brexit» vote, the Mortgage Bankers Association reported Wemortgage applications jumped 14 percent on a seasonally adjusted basis this week, as interest rates continue their freefall in the wake of the «Brexit» vote, the Mortgage Bankers Association reported WeMortgage Bankers Association reported Wednesday.

The adjustable - rate mortgage share of activity remained unchanged at 5 % of total applications.

The refinance share of mortgage activity also dipped even further, decreasing to 52.9 % of total applications from 54.4 % the previous week.

So long as the graduate plans to move into the home; and the home is not a multi-unit; and there's enough money in the bank to cover 5 months of total housing payments, the graduate can use the income from the offer letter on a mortgage application.

When it comes to mortgage approval, much depends on the borrower's total debt load at the time of application, as well as the payment history.

Before answering the question about closing the loan, the home buyer must have a total application in the hands of the mortgage lender.

Total shares of adjustable - rate mortgage loans now make up 9 % of all new loan applications, a recent high that doubles pre-election levels.

According to the Mortgage Bankers Association (MBA), the seasonally adjusted total mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 1Mortgage Bankers Association (MBA), the seasonally adjusted total mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 1mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 1mortgage demand, declined by 4.2 percent in the week ending on October 12, 2012.

The adjustable - rate mortgage (ARM) share of activity increased to 5.8 percent from 5.4 percent of total applications from the previous week.

The observed or «traditional» denial rate is calculated by dividing the number of denied mortgages by the total number of mortgage applications.

The refinance share of mortgage activity decreased to 50 percent of total applications from 51 percent the previous week.

The refinance share of mortgage activity remained unchanged at 63 percent of total applications from the previous week.

On May 30, the total cost to you of a 30 - year fixed - rate mortgage on a joint application was $ 100,499 compared to $ 112,634 on a single application.

The adjustable - rate mortgage (ARM) share of activity remained unchanged at 8 percent of total applications.

The adjustable - rate mortgage share of activity increased to 5.7 percent of total applications.