Housing Wire

JANUARY 15, 2025

With an adjustment for the New Year’s holiday, mortgage applications increased 33.3% from one week earlier, according to the Mortgage Bankers Association s (MBA) weekly mortgage applications survey, released today. The share of refinance mortgage activity increased to 42.7% Bond yields in the U.S. from 16.2%

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Fixed-rate mortgage Mortgages FHA loan Loans 370

Housing Wire

FEBRUARY 5, 2025

Mortgage applications increased 2.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association s (MBA) weekly mortgage applications survey for the week ending January 31, 2025. The refinance share of mortgage activity increased to 39.0% of total applications compared to 37.1%

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Fixed-rate mortgage Loans Mortgages FHA loan 342

Housing Wire

JANUARY 8, 2025

As mortgage rates continue to climb past the 7% mark, applications continued to take a step back following the New Year’s Day holiday. from the week prior, the Mortgage Bankers Association (MBA) reported in its weekly mortgage applications survey for the week ending Jan. Demand decreased by 3.7% the previous week.

Mortgages 419

Mortgages Fixed-rate mortgage Loans Sales 419

Housing Wire

MAY 28, 2025

Mortgage applications decreased 1.2% from one week earlier, per data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 23, 2025. The refinance share of mortgage activity decreased to 34.6% The adjustable-rate mortgage (ARM) share of activity increased to 7.5%

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Fixed-rate mortgage Mortgages Loans Marketing 340

Housing Wire

NOVEMBER 27, 2024

Mortgage applications rose 6.3% 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). It is the third straight weekly increase for applications — a good sign for mortgage lenders heading into the typically slow Thanksgiving holiday.

Mortgages 370

Mortgages VA loan FHA loan Fixed-rate mortgage 370

Housing Wire

JANUARY 20, 2025

This housing market is on hold until mortgage rates come down. We knew that mortgage rates over 7% were possible for the year, and here we are. I still expect well spend most of the year under 7% for the 30-year fixed rate mortgage , but until that happens, home sales are at a standstill.

Sales 384

Sales Mortgages Staging Fixed-rate mortgage 384

Housing Wire

APRIL 2, 2025

Mortgage applications decreased 1.6% from last week , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 28, 2025. The refinance share of mortgage activity also saw a decrease, dropping to 38.6% of total applications from 40.4% the previous week.

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Fixed-rate mortgage Loans Mortgages Development 325

Housing Wire

MARCH 30, 2025

These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. Notably, the rate of multifamily delinquencies currently stands at under 1%, but it is at levels above the 2008 recession.

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Housing Wire

FEBRUARY 12, 2025

Mortgage applications increased 2.3% The Mortgage Bankers Association ‘s market composite index increased 6% on an unadjusted basis compared with the previous week. The refinance share of mortgage activity increased to 40.2% on a seasonally adjusted basis in the latest MBA survey. of total applications from 39.0%

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Fixed-rate mortgage Mortgages VA loan Loans 239

Housing Wire

MARCH 3, 2021

Mortgage applications recovered slightly from last week , increasing 0.5% 26, 2021 according to the latest report from the Mortgage Bankers Association. That is despite the fact that the 30-year fixed rate experienced its largest single-week increase in almost a year, reaching 3.23%. for the week ending Feb. from 11.2%

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Fixed-rate mortgage Mortgages Loans Industrial 545

Housing Wire

JULY 14, 2021

After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The refinance share of activity of total mortgage applications increased to 64.1% The FHA share of total mortgage applications decreased to 9.5%

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Fixed-rate mortgage Mortgages Loans Investor 515

Housing Wire

JANUARY 22, 2025

Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. Almost half (44%) of respondents also said they would experience hardship if their mortgage payments increased.

FHA loan 384

FHA loan Fixed-rate mortgage Equity Mortgages 384

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. Presented by: Black Knight.

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Fixed-rate mortgage Mortgages Lending Renovation 527

Housing Wire

DECEMBER 9, 2021

Mortgage rates decreased one basis point to 3.10% in the week ending Dec. 9, remaining low and stable despite tighter housing supply and affordability, according to the latest Freddie Mac PMMS mortgage report. Economists at Freddie Mac said the 15-year fixed-rate mortgage averaged 2.38% last week, down from 2.39% the week prior.

Mortgages 508

Mortgages Fixed-rate mortgage Marketing Loans 508

Housing Wire

JUNE 16, 2021

After three straight weeks of declines , mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association. ” Purchase applications were also down 17% from a year ago, the start of the mortgage boom, Kan said. “ U.S. the previous week.

Fixed-rate mortgage 515

Fixed-rate mortgage Mortgages Loans Industrial 515

Housing Wire

DECEMBER 6, 2023

Falling mortgage rates last week brought increased demand. 1 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage averaged 7.17% last week. The adjustable-rate mortgage (ARM) share of activity decreased to 7.4%

VA loan 515

VA loan Mortgages FHA loan Fixed-rate mortgage 515

Housing Wire

FEBRUARY 26, 2025

Mortgage applications decreased by 1.2% from last week on a seasonally adjusted basis, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. The refinance share of mortgage activity increased to 38.9% of total applications from 38.7% the previous week.

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Fixed-rate mortgage Mortgages Loans Marketing 207

Housing Wire

JANUARY 6, 2022

The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%. Rising mortgage rates have already begun to sap demand.

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Fixed-rate mortgage Mortgages Lending Loans 500

Housing Wire

AUGUST 5, 2024

sent shockwaves through financial markets around the world on Monday. mortgage market , which has already seen big interest rate declines in the past week following a Fed meeting that teased forthcoming cuts to benchmark interest rates, along with a much weaker-than-expected jobs report. As of 11:08 a.m.

Mortgages 485

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Housing Wire

OCTOBER 19, 2023

Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% Per Mortgage News Daily , mortgage rates touched 8.03% on Wednesday, up from 7.69% the previous week. By contrast, the 30-year, fixed-rate mortgage was at 6.94% a year ago at this time.

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Fixed-rate mortgage Mortgages Construction Loans 473

Housing Wire

JULY 15, 2021

The average 30-year fixed-rate mortgage fell two basis points from the week prior to 2.88%, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The summer swoon in mortgage rates continues as the 30-year fixed-rate mortgage fell for the third consecutive week,” Khater said.

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Fixed-rate mortgage Mortgages Banks Investor 500

Housing Wire

AUGUST 19, 2021

The average 30-year fixed-rate mortgage declined slightly to 2.86% for the week ending in August 19, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates rose to 2.87% , after six consecutive weeks of mortgage rate declines.

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Fixed-rate mortgage Mortgages Banks Finance 508

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept.

Mortgages 450

Mortgages Fixed-rate mortgage Marketing MLS 450

Housing Wire

NOVEMBER 10, 2021

Mortgage rates fell below 3% in the week ending November 10, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage declined to 2.98% last week, falling 11 basis points from 3.09% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged 2.84%.

Fixed-rate mortgage 485

Fixed-rate mortgage Mortgages Closing Loans 485

Housing Wire

NOVEMBER 18, 2021

Mortgage rates strongly increased above 3% in the week ending November 18, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage hit 3.10%, up 12 basis points from 2.98% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.72%.

Fixed-rate mortgage 504

Fixed-rate mortgage Mortgages Loans Industrial 504

Housing Wire

OCTOBER 12, 2023

A coalition of trade associations — including the Community Home Lenders of America (CHLA), National Association of Realtors (NAR), and Independent Community Bankers of America (ICBA) — on Thursday called on the Biden administration to reduce the historically large spread between the 30-year mortgage rates and 10-year Treasuries.

Fixed-rate mortgage 541

Fixed-rate mortgage Mortgages Industrial Lending 541

Housing Wire

MAY 28, 2025

lender United Wholesale Mortgage (UWM) will begin offering fixed interest rates for the first five years on Federal Housing Administration (FHA) and U.S. Department of Veteran Affairs (VA) adjustable-rate mortgages ( ARMs ). FHA loan rates averaged 6.68%. The typical baseline share is between 3% and 5%.

VA loan 291

VA loan Loans FHA loan Fixed-rate mortgage 291

Housing Wire

DECEMBER 28, 2023

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

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Fixed-rate mortgage Mortgages Finance Equity 491

Housing Wire

APRIL 10, 2025

Americas housing market isnt just cooling its frozen in place. Millions of homeowners are locked into 23% mortgage rates and simply wont sell, creating a chain reaction thats grinding the entire system to a halt. But this isnt just a temporary side effect of high interest rates. And while U.S. Nearly two-thirds of U.S.

Design 228

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Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey.

Fixed-rate mortgage 473

Fixed-rate mortgage Mortgages MLS Investor 473

Housing Wire

DECEMBER 7, 2023

Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% The 30-year, fixed mortgage rate averaged 7.03% for the week ending Dec. 7, according to Freddie Mac ‘s Primary Mortgage Market Survey. by the end of 2024.

Mortgages 527

Mortgages Fixed-rate mortgage Investor Loans 527

Housing Wire

FEBRUARY 19, 2025

Mortgage applications decreased 6.6% from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. The refinance share of mortgage activity, which had been strong for the past few weeks, shrank to 38.7% of total applications from 40.2%

Fixed-rate mortgage 258

Fixed-rate mortgage Loans Mortgages Closing 258

Housing Wire

AUGUST 1, 2024

The average 30-year fixed-rate mortgage dropped to 6.62% on Thursday, a new low for 2024 that appears to be tied to the expectation that the Federal Reserve could move to cut interest rates at its next meeting in September. This is according to data reported by Mortgage News Daily.

Mortgages 512

Mortgages Fixed-rate mortgage Banks As-is 512

Housing Wire

JANUARY 18, 2021

As the calendar flipped to 2021, it didn’t take long for the rise in mortgage rates. Just two weeks into the new year, Freddie Mac reported that mortgage rates climbed 14 basis points to 2.79% , a dramatic contrast to 2020, a year in which mortgage rates set record lows 16 times. in 2021 and 3.2%

Mortgages 545

Mortgages Fixed-rate mortgage Banks Industrial 545

Housing Wire

SEPTEMBER 28, 2023

Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. By contrast, the 30-year fixed-rate mortgage was at 6.70% a year ago at this time. Other indices showed significantly higher mortgage rates this week.

Fixed-rate mortgage 466

Fixed-rate mortgage Mortgages Loans Investor 466

Housing Wire

SEPTEMBER 30, 2021

The average 30-year-fixed mortgage rate rose 13 basis points to 3.01% for the week ending Sept. Mortgage rates had been roughly flat for seven weeks, and this is the first time it rose above 3% since June. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

Fixed-rate mortgage 491

Fixed-rate mortgage Mortgages Banks Loans 491

Housing Wire

OCTOBER 7, 2021

The average 30-year-fixed mortgage rate slipped back down to 2.99% for the week ending Oct. The week before , rates had made it above the 3% mark for the first time since June. Mortgage rates typically move in tandem with the ten-year U.S. Treasury bonds and mortgage-backed securities.

Mortgages 485

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