Posts with tag Mortgage Bankers Association

Refis Soar on Falling Rates

Mortgage applications increased 10.3 percent this past week as more homeowners refinanced existing mortgages or took advantage of lower interest rates to buy homes. The Mortgage Bankers Association said its market composite index -- a measure of loan application volume -- increased 10.3 percent on a seasonally adjusted... Continue Reading »

Mortgage Applications Down Despite Rock-Bottom Rates

Despite record low mortgage rates, mortgage applications fell 4.9 percent for the week ending Sept. 2, according to an industry trade group. The Mortgage Bankers Association said Wednesday that its market composite index -- a measure of mortgage loan application volume -- fell 4.9 percent on a seasonally adjusted basis... Continue Reading »

Home Buyers Wake Up to Low Mortgage Rates

Are home buyers starting to make their move? The latest data certainly suggests something along those lines: Mortgage applications rose 5.3 percent last week, according to the Mortgage Bankers Association. While much of that increase likely was due to an increase in FHA government-backed loans before insurance rates rise,... Continue Reading »

Mortgage Applications Slump into Spring

The spring real estate market has sprung, and so far the news is not good. Home buyers and refinancers applied for 2.0 percent fewer mortgages for the week ending April 1 compared to one week earlier, according to mortgage application market composite index released by the Mortgage Bankers Association. While in recent... Continue Reading »

Home Sales Lukewarm, As Mortgage Applications Decline

Not so fast, home sellers. The rush to buy a house is a nonstarter so far this spring. As evidence, the latest mortgage application figures show a 0.7 percent drop in volume last week, according to the Mortgage Bankers Association. Despite a fall in 30-year fixed-rate interest rates to 4.79 percent from 4.93 percent, the... Continue Reading »

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