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In May
Mortgage
New home applications fall 3% as mortgage rates top 6.5%
MBA’s Builder Application Survey reported new home purchase apps down 3% from April and up 3.8% year over year.
Mortgage
Mutual of Omaha remains No. 1 as HECM endorsements fall 4.7% in May
May HECM endorsements fell to 1,967, down 4.7% from April. Mutual of Omaha Mortgage led with 423 and a 21.5% market share.