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

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Spring is the prime season to shop for a home. But if you’re thinking about buying, it’s important to make sure you don’t jump into the market before you’re really ready. Too many people purchase.

The Mortgage Process for Non US Residents buying Florida Property – Real Estate Technique Lenders began the process of seizing. helping overheat the country’s real estate market. While Mr. Dodge did not draw any direct parallels with the subprime mortgage crisis that has gripped the.

Homes are selling at a faster clip this spring. 3.6 percent on the 30-year fixed to just over 4 percent. In the first three months of the year, rates were lower, prompting a refinance "boomlet.".

 · We forecast that on average, house prices will rise by 4.8 and 3.5 percent in 2016 and 2017 respectively. Rising home prices will drive up homeowner equity. Homeowner equity is the largest source of wealth for many Americans and rising homeowner equity will support consumer confidence and consumer spending.

Reading Time: 4 minutes Weekly Review The stock market continued to march ever higher, especially early in the week when both the small-cap Russell 2000 and the technology-laden Nasdaq Composite Indexes reached record highs. In fact, the nasdaq composite broke above the 6,000 mark for the first time ever.


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Mortgage rate outlook. There is a potential for conforming 30-year fixed-rate mortgages rates to peak in 2018 between 4.4 percent and 4.5 percent at some point, but the odds still favor that we’ll see rates remain fairly below this level for the majority of the year.

After a slow start, the spring homebuying season is gaining momentum — and so are home prices. The National Association of Realtors (NAR) reports pending home sales rose 3.8 percent in March from.

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.

WASHINGTON (AP) – U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season. Bond yields fall.

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