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Declining mortgage rates push refinances to a 3-year high

The Market Composite Index rises a whopping 26.8% Despite growing economic tension, mortgage applications continued to climb, according to the Mortgage Bankers Association. On an unadjusted basis, the Market Composite Index rose 26.8% for the week ending June 7, 2019, according to MBA’s weekly Mortgage Applications Survey. “Mortgage rates for all loan types fell by […]

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Low rates will push mortgage origination’s to 3-year high

Almost $2 trillion of origination’s this year, according to forecast The cheapest mortgage rates since 2016 will push U.S. mortgage origination’s to a three year-high this year, according to a forecast by Mortgage Bankers Association. Combined purchase and refinancing origination’s will probably total $1.9 trillion in 2019, according to MBA. That would be the highest […]

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Loan Officers

Loan Officers: Are you a commodity or are you a brand? Here’s the difference February 27, 2018 Jason Frazier Recently, I was on a real estate podcast talking about the importance of being a brand versus being a commodity in today’s era of consumerism. In short, people remember brands. You need to understand that commodities are […]

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