The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
by Lillian Dickerson Sep 16
The market composite index, which measures mortgage loan application volume, increased by 2.9% on a seasonally adjusted basis. On an unadjusted basis, the index rose by 2.0%
by Lillian Dickerson Sep 9
Mortgage purchase applications were up 28% year over year, according to data released Wednesday by the Mortgage Bankers Association
by Patrick Kearns Sep 2
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new government-issued stimulus package
by Lillian Dickerson Aug 5
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise, according to new data released Thursday
by Patrick Kearns Jul 30
Sales of new single-family homes rose 13.8% year over year, according to data from the US Census Bureau and the Department of Housing and Urban Development Development
Purchase activity was up 19% year over year, an increase for the ninth-consecutive week, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Jul 22
Refinance rates increased by 0.4% week over week and by a whopping 111% year over year, according to data from the Mortgage Bankers Association released Wednesday
by Lillian Dickerson Jul 8
The average 30-year mortgage hit a new all-time low of 3.07% this week, according to data from Freddie Mac released Thursday
by Patrick Kearns Jul 2
'High unemployment and low housing supply may restrain a more meaningful rebound in purchase applications,' Joel Kan of the Mortgage Bankers Association said
Thirty-year, fixed-rate mortgages fell to 3.43%, from 3.45% last week, marking a historic new low, according to the Mortgage Bankers Association
by Patrick Kearns Apr 29
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15
The lender will require a 700 credit score and 20% down for mortgages
by Patrick Kearns Apr 13
Mortgage application activity increased by 15.3%, and the refinance index increased 26% during the week ending March 27
by Lillian Dickerson Apr 1