Mortgage Applications Fall 2 Percent Week-On-Week

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In: Mortgage News

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Mortgage applications fell 2% this week, dampening demand for home loans as mortgage rates rose. Mortgage Bankers Association research found that mortgage rates typically fell by 2% each period and were not on the schedule for the week ending OctoberContinue Reading

Mortgage Application Hits 22 Years Low

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In: Mortgage News

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Lending costs and Interest rates increased week ending on September 23. The composite sales index, which measures the number of mortgage applications, fell 3.7% in the period from the previous week and 4% on an unadjusted basis. The reinvestment indexContinue Reading

Mortgage Applications Activity Drops to Lowest Since 2018

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In: Mortgage News

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As mortgage rates touched a 13-year high last week, mortgage application volume kept on declining, falling 8.3% week-over-week for the week finishing April 22, 2022. The Mortgage Bankers Association’s (MBA) most recent Weekly Mortgage Applications Survey likewise observed the RefinanceContinue Reading

According to MBA Survey Home Loan Application Number Dropped Slightly

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In: New Home Mortgage News

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Last updated on December 2nd, 2022 at 10:27 pmMortgage applications diminished by 1.3 percent from multi-week sooner, as per the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week finishing April 8, 2022.  In any case, both ordinaryContinue Reading

According to the Latest MBA Survey Mortgage Applications are Dropped

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In: Mortgage News

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The premium in selling a home slipped last week, as indicated by the Mortgage Banker Association’s (MBA) Market Composite Index.  For the week finishing February 4, 2020, contract applications diminished 8.1% on an occasionally changed premise from a multi-week earlier. Continue Reading

Latest Mortgage Application Status

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In: Realtor News

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According to recent data from the Mortgage Bankers Association (MBA) mortgage applications have been decreasing week over week. For the week ending August 27, 2021, the seasonally adjusted basis mortgage loan applications decreased by 2.4%, and 3% on an unadjustedContinue Reading

Mortgage applications have dropped 4%

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In: Mortgage News

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While the rates for 30-year fixed mortgages rose from 3.15% to 3.18%, mortgage applications have fallen on a seasonally adjusted week-over-week basis by 4.2%. On the other hand, the numbers dropped by 4% on an unadjusted basis. The refinance indexContinue Reading

Mortgage Applications fall by 5%

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In: New Home Mortgage News

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The housing market generally warms up during spring. However, after months of frantic buying, there are signs that it may finally be slowing down.  There was a decrease of 5% recorded in the number of mortgage applications compared to theContinue Reading