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April 24, 2014

Ugly: Mortgage Originations Hit 14-Year Low in First Quarter

By John Bancroft

Despite the ugliness of the first quarter, there are signs that loan production may finally be firming up.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%