MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

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Mortgage Demand Dips to 22-Year Low

Appetite for home loans has sunk to levels not seen since the turn of the millennium. So reports The Real Deal.

MBAThe Mortgage Bankers’ Association’s seasonally adjusted index fell 2.3% in the week ending August 12 to its lowest since November 2000.

“Home purchase applications continued to be held down by rapidly drying up demand, as high mortgage rates, challenging affordability, and a gloomier outlook of the economy kept buyers on the sidelines,” MBA’s Joel Kan said in a statement,

Read the full article from The Real Deal.

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