Category: Mortgage Bankers Association

Mortgage Applications Rise 4.1% According to Most Recent Data

The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …

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Top 5 Financial Reasons To Buy Now

  Increasing Prices  Over the last year, home prices have increased by 7.1%, according to CoreLogic’s latest Home Price Index (HPI) report.  Over the next year, the HPI also predicts that prices will continue to rise at a rate of 4.9%. Clearly, we are long past the dip in home pricing. Home values are expected to continue to appreciate for years to come. …

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