Residential refinance loans tumbled in the fourth quarter of 2017, dragging the overall level of originations down by a fifth
Mortgage applications for new home purchase were up 4.6% in February compared to a year earlier; and up 3% compared to January, the Mortgage Bankers Association reported
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The share of conventional loans was at its highest level in two years
The volume share of refinance applications remained unchanged
New York-based national commercial lender Hunt Mortgage Group has announced that it is launching a new unit focused on the seniors housing and healthcare industry