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Home / Inside Tract / Lenders pessimistic as reported purchase mortgage demand hits new low  (access required)

Lenders pessimistic as reported purchase mortgage demand hits new low  (access required)

The profit outlook for mortgage lenders fell for the ninth consecutive quarter in the final three months of 2018 due to a decline in demand for loans to buy homes and refinance existing mortgages, a quarterly survey of mortgage lenders found. Fannie Mae's Q4 2018 Mortgage Lender Sentiment Survey® found that the outlook for profit among lenders ...

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