Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Applications to purchase a home increased 2 percent for the week – the first uptick in four weeks – a sign of optimism in the housing market. Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

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Lending MBA: Rising mortgage applications show signs of promising spring homebuying season Applications for 30-year fixed rate hold steady at 4.66%

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Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2 percent for the week – the first uptick in a month – a sign of optimism in the housing market.

Building permits for single-family homes rose 3.6 percent to a rate of 373,000 last month. homebuilders reported results earlier this month that give little hope the spring selling season will be.

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Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season . Great News To Report. Purchase applications are UP.looks like it’s going to be a busy Spring Homebuying Season!! Check out this article and let me know how I can help!! david holmes NMLS #217960 oak leaf community mortgage P: 815-405-6002 E: [email.

 · Supply in the existing home market was up 9.6% in April to 1.83 million as sales season picked up at the start of spring. On the current sales pace, there’s enough supply in the market to feed sales for the next 4.2 months, up from 3.8 months in March. Prices were up 2.9% in April and have now risen 3.6% on the year.

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When is home buying season? Learn the peak times of year for home prices and sales.. Seasonality in Home Buying. Oct 31, 2014. The two high-volume seasons in real estate sales are spring and early fall. Many buyers want to move during warm weather and get settled before a new school year.

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