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Applications for loans insured by the Federal Housing Administration swelled 16% month-over-month due to increases in both home purchase and ... claims for 37,310 property conveyances, 11,149 ...
In this case, the lender may fund purchases and refinances where the insurance coverage runs short ... For example, say you are buying a $1 million property. You deposit $500,000, provided by someone ...
For example, if your property was purchased years ago when rates were higher, you might find it advantageous to refinance to take advantage of lower interest rates. In addition, variables may have ...
Cash-out refinances also saw higher numbers while purchase lock activity remained subdued for the second consecutive month, with volume down 5% on a year-over-year basis. Purchase lock counts ...
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