Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Applications at 25-Year Low; Mortgage Rates at 20 Year High; Housing Starts Slide

Mortgage application activity fell again during the week ended October 14 as mortgage interest rates hit their highest level in 20 years. The Market Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 4.5 percent on a seasonally adjusted basis from one week earlier and was down 4 percent on an unadjusted basis. The Refinance Index dropped 7 percent week-over-week and was 86 percent lower than the same

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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