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July activity showed few interesting numbers:
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• Total lender-originated MBS issues rose to $43.3 billion from $40.0 billion in June, reflecting an increase in fixed-rate origination.
• Both the conventional single-family and multifamily delinquency
rates remained stable in June at 0.57 percent and 0.10 percent, respectively.
• ARM share of conventional mortgage applications fell by nearly 2 percent to 29.9 percent in July, the lowest monthly average ARM
share recorded since March 2004.
"
See the entire summary.
Posted in Mortgages at August 31, 2005 11:44 AM
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