Mortgage rates have been on the decline since late April, as closely watched data releases suggest the economy is cooling and that the Fed may start cutting rates as soon as September
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as latest inflation data out Wednesday doesn't ruffle investors who fund most mortgages
Demand for purchase mortgages fell for a 4th consecutive week last week as rates continued to climb and inventories of homes for sale remained scarce, an MBA lender survey found
Mortgage applications and refinance applications increased during the week ending Dec. 11, 2020, according to the Mortgage Bankers Association's weekly survey
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers
Rising mortgage rates have caused refinance loan originations to drop to its lowest point since Q2 2014
RealtyTrac report shows that despite overall drop, purchase and HELOC are loans up
Refinance loans accounted for more than two-thirds of those originated in the quarter
The Mortgage Collaborative aims to 'level the playing field' with big lenders
2013 purchase loan originations projected to rise nearly 19 percent
Fed action spurs boom in refi applications