Mortgage Applications Slightly Lower Last Week

Applications for home mortgages were lower last week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 24th, 2014.

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Loan Modifications Continue to Decline

The number of homeowners in need of a loan modification continued to dwindle in November according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors.

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