Monthly Archives: August 2016

Home Purchase Sentiment Index Reaches New High


As the market makes bold moves, Fannie Mae’s Home Purchase Sentiment Index® (HPSI) increased 3.3 points to 86.5 in July, reaching a new all-time survey high and indicating a more positive outlook in the housing market-specific HPSI components. Each of the … Continue reading

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Mortgage Applications Drop 11 Percent


Mortgage applications decreased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 22, 2016. The Market Composite Index, a measure of mortgage loan application volume, … Continue reading

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