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Read more: Mortgage applications enter fourth straight month of decline According to the Mortgage Bankers Association, mortgage application volume has plunged to its lowest level in 25 years, with refinance and purchase applications down 7%…
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Douglas Chase (pictured center), a 25-year industry veteran, will focus on credit-on-credit tenant lease market across the country. He reports to Michael Keach, senior vice president and investment placement program manager, and is based in…
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NAR chief economist Lawrence Yun said that higher mortgage rates, which eclipsed 6% for 30-year fixed mortgages in September and are now approaching 7%, have caused the slowdown in sales. Despite weaker sales, Yun noted that some homes are…
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