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Mortgage applications dipped as long-term rates rose for the third straight week, hitting levels not seen since late 2023.https://t.co/owU9E3yret#mortgageindustry #mortgageapplications #economy #mortgage — Mortgage Professional America…
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“Meaningful gains will only occur with declining mortgage rates and rising inventory,” he said in comments accompanying NAR’s release. Pending home sales climbed 3.4% in March. The Northeast, South and West posted monthly gains in…
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PennyMac Financial Services reported some green shoots in its origination business, part of a larger earnings recovery that was somewhat dampened by hedging losses. The California mortgage giant posted a $39.3 million profit in the first…
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