Sentences with phrase «purchase applications declined»

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On the other hand, the decline in pending home sales suggests that purchase mortgage applications may extend their February decline or that applications will not translate into originations.

The February 2018 decrease in applications for both conventional and government purchase mortgages as well as any changes in credit standards, a metric of mortgage supply, will be closely tracked for evidence of a longer declining trend.

The number of borrowers applying for mortgages to purchase homes jumped earlier this month, but refinancing applications declined, according to the Mortgage Bankers Association (MBA).

This is especially important if you are looking to move home, take out a further mortgage advance, switch mortgage companies or make a new car purchase in the near future, if so applying for additional credit now may really not be the way to go as you don't want to risk a more important credit application being declined.

The decline in home purchase applications was likely due to the expiration of the $ 8,000 home - buyer tax credit on April 30th.

FHA applications fell by 12.9 %, purchases declined by 28.1 %, and refinances declined by 13.4 %.

Purchase applications rose by 1.0 percent, but refinancing applications continued to decline and are now at a 2 - year low after decreasing by 4.0 percent.

Despite average thirty - year FHA interest rates dipping below the 5 % illustrious threshold, the MBA noted last week that the number of people seeking purchase loan applications has declined by over 27 %, the most dramatic drop since May of 1997.

• Mortgage Applications Reflect Housing Trouble: No surprise here: Mortgage apps dropped 6.2 % with similar declines in both the refinancing and purchase activity components.

Keep in mind that when you apply with a life insurance company and you are declined, any other companies you apply with after that will have knowledge of your past application and the fact that you were rejected from purchasing a life insurance policy.

Life insurance is one of the most critical purchases you can make for you and your family, don't let a declined application from Primerica stop you from having the coverage you deserve.

If your application was submitted by an independent agent and declined by the insurer, you can still purchase life insurance by choosing a guaranteed issue insurance policy.

Completed 3 - month training as a credit analyst evaluating customers credit history to decision approval / decline applications, identifying protentional risk such as; straw purchases, financial abuse, and identify theft.

According to the Mortgage Bankers Association (MBA) today, the volume of applications for mortgages fell last week, primarily due to the decline in demand for home purchases.

While the applications for refinancing declined, the applications for purchases index rose by 1.0 percent.