Mortgage applications jump 16%

Housing Wire

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%

Mortgage applications decrease 4%

Housing Wire

After two straight weeks of increases , mortgage applications dropped 4.2% for the week ending May 21, 2021, according to the Mortgage Bankers Association ‘s weekly mortgage applications survey. of total mortgage applications from 63.3%

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Fewer people are submitting mortgage applications

Housing Wire

Mortgage applications dropped for the second straight week , this time down 4% for the week ending May 28, 2021, according the Mortgage Bankers Association ‘s weekly mortgage applications survey. “Even though rates have been below 3.2%

Mortgage applications recover as winter storms pass

Housing Wire

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%.

Mortgage applications jump as rates plummet

Housing Wire

Mortgage applications increased 5.7% for the week ending July 23, mostly on the back of fast-falling mortgage rates. And the 15-year rate fell to a record low last seen in 1990. Those ultra-low rates naturally resulted in a sharp uptick in refinancing activity.

Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced

REM Online

The original post can be found at the following URL: Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced. A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage.

Mortgage rates stuck in a rut at 2.87%

Housing Wire

The average 30-year fixed-rate mortgage was flat at 2.87% for the week ending in Sept. 2, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates also held steady at 2.87%.

Mortgage applications fall amid market jitters

Housing Wire

Mortgage applications decreased 4% for the week ending July 16, just one week after applications jumped 16% on the strength of falling mortgage rates. This, in turn, led to mixed changes in mortgage rates. The FHA share of total mortgage applications increased to 9.6%

Mortgage applications fall for third straight week

Housing Wire

Mortgage applications decreased again , this time falling 1.8% in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. “However, rates continued to move lower, especially late in the week.”

Delta variant fears send 30-year mortgage rates to 2.77%

Housing Wire

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%.

Mortgage rates remain at record-low levels

Housing Wire

After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week.

Mortgage applications rebound as mortgage rates drop

Housing Wire

After two weeks of decreases, the Mortgage Bankers Association reported that mortgage applications increased 1.1% 11 amid mortgage rates that hit a new survey low. The refinance share of mortgage activity increased to 72.7%

Mortgage applications rise again, despite rates jump

Housing Wire

For the second week in a row, mortgage applications increased — this time, up 2.1% for the week ending June 18, 2021, per the latest report from the Mortgage Bankers Association. The 30-year fixed mortgage rate also rose to 3.18% — the highest level in a month, according to the MBA.

30-year rate drops below 3% for first time since February

Housing Wire

Mortgage applications fell 1.7% in the week ending July 30, according to the latest report from the Mortgage Bankers Association. That’s despite the 30-year fixed rate falling to its lowest level in roughly six months. on the strength of descending mortgage rates.

Mortgage Refinancing Activity Tapers in Latest Month

Eyes on Housing

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month.

Mortgage applications decrease as rates move higher

Housing Wire

Mortgage applications decreased 1.9% 15 from one week earlier , per data from the Mortgage Bankers Association’s weekly survey. The 30-year fixed rate rose to 2.92%, its highest level since last November. The FHA share of total mortgage applications decreased to 9.3%

Mortgage applications continue to fall as rates climb

Housing Wire

Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. Rates have jumped north of 3% , with most recent reports showing it hovering around 3.5%.

Mortgage applications drop, but spring buying season looms

Housing Wire

After a slight increase in late February , mortgage applications dipped 1.3% in the week ending March 5, according to the latest report from the Mortgage Bankers Association. The FHA share of total mortgage applications decreased to 11.6%

Mortgage applications see slight decline despite 3% mortgage rate

Housing Wire

Mortgage applications held relatively steady last week, falling 0.7% from the week prior, according to a report from the Mortgage Bankers Association. Refinances also continued to inch closer to two-thirds share of mortgage activity as they increased to 65.6%

As mortgage rates climb, applications fall six basis points

Housing Wire

For the second week in a row, mortgage applications faltered slightly, falling 0.6% from the week prior, according to a report from the Mortgage Bankers Association. The 30-year fixed rate climbed two basis points to 3.02, the highest since late September.

Rising rates push mortgage applications down for fifth week

Housing Wire

Mortgage applications decreased for the fifth straight week – this time down 5.1%, according to the latest report from the Mortgage Bankers Association. Refinance mortgage applications declined for the fifth straight week. The 30-year fixed rate moved up to 3.6%

ARM vs. Fixed-Rate Mortgage: Which Home Loan Is Better for You?

Realtor.com

If you’re raring to buy a home , chances are you’ll need a mortgage. But which kind of mortgage should you get? One good place to start figuring out your options is a mortgage calculator , where you can plug in various home prices and and have this sum broken down into monthly payments.

Rising mortgage rates push applications lower

Housing Wire

For the second week in a row , mortgage applications decreased – this time, down 4.1% 22, according to data from the Mortgage Bankers Association. The 30-year-fixed rate rose to 2.95%, its highest level since November 2020, according to Joel Kan, MBA associate vice president of economic and industry forecasting. All other mortgage rates in the survey posted a decline. The FHA share of total mortgage applications increased to 9.4%

Alongside rising yields, mortgage rates increase to 2.79%

Housing Wire

The average mortgage rate for a 30-year fixed loan rose from its previous record low by 14 basis points this week to 2.79%, according to Freddie Mac ’s Primary Mortgage Market Survey. This marks the first time mortgage rates have risen in almost two months.

Could 2% define mortgage rates for the next decade?

Housing Wire

The end of 2020 won’t necessarily mean saying goodbye to the favorable 2% mortgage rates that hit historically low levels 16 times over the past 12 months. Low mortgage rates fuel the demand for valuation and settlement services. Presented by: VRM Mortgage Services.

The purchase mortgage market is back on top

Housing Wire

The share of refinances in mortgage origination volume dipped below 50% for the first time in 15 months in March, according to Black Knight ‘s new monthly data report, the Originations Market Monitor. ” Despite refi activity in freefall, overall rate lock volume was up 2.5%

Freddie Mac now forecasts $3.9T in originations in 2021

Housing Wire

The low mortgage rates that propelled the housing market throughout the COVID-19 pandemic will rise later in the year, but they’ll do so gradually, Freddie Mac said Thursday in its quarterly outlook. That will give more homeowners a final opportunity to refinance their mortgages.

Top 5 mortgage terms to know before you buy a house

Housing Wire

The mortgage application process can be a confusing one — especially if you’ve never gone through it before. Here are the top five mortgage-related terms you’ll want in your arsenal: 1. Fixed-rate mortgage. The differences between FHA, VA, and USDA mortgages.

Slight Rebound for Mortgage Demand

Eyes on Housing

Over the last month, the Mortgage Bankers Association’s (MBA) tracked 30-year fixed-rate mortgage rate was showing a greater constancy than the volatility it had displayed in the prior months, staying between 3.10

Mortgage rates remain steady, rise to 2.81%

Housing Wire

mortgage rate for a 30-year fixed loan remained steady this week, gaining one basis point to 2.81%, Freddie Mac said in a report on Thursday. The average fixed rate for a 15-year mortgage was 2.32%, falling from last week’s 2.33%. After this week’s dip, there have now been 14 consecutive weeks when average mortgage rates have been below 3%. The post Mortgage rates remain steady, rise to 2.81% appeared first on HousingWire.

Mortgage Rates Taper Over the Prior Month, Boosting Refinancing

Eyes on Housing

Over the last month, the Mortgage Bankers Association’s (MBA) tracked 30-year fixed-rate mortgage rate dipped below the elevated levels shown in April, mirroring a similar decline in Treasury yields.

Mortgage applications decrease 1%

Inman

Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association.

Mortgage applications increase for fourth time in 5 weeks

Inman

Mortgage applications and refinance applications increased during the week ending December 11, 2020, according to the Mortgage Bankers Association's weekly survey.

Refinancing Stirs in Latest Month to Highest Level Since February

Eyes on Housing

In the past month, total mortgage activity, as measured by the Mortgage Bankers Association’s (MBA) Market Composite Index, was supported by refinancing, recovering from the relatively lower levels that were characteristic of the months prior.

Mortgage rates hit record low as Fed holds interest rates at zero

Inman

It's the lowest 30-year, fixed-rate mortgage since Freddie Mac began tracking the data in 1971. Markets & Economy Mortgage Select 30 year fixed rate mortgage federal reserve freddie mac interest rates mortgage mortgage rates Sam Khater