Mortgage Applications Fall

Mortgage Applications Fall 2 Percent Week-On-Week

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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

Interest Rate Hike Declines Mortgage Application

By: Amanda Byford

In: New Home Mortgage News

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Interest rates on residential mortgages fell 1.2% for the week finishing March 11 as mortgage rates increased to their most significant levels since May 2019, as indicated by the Mortgage Bankers Association’s most recent overview. “Mortgage rates keep on beingContinue Reading

Dip in U.S. Mortgage Applications in Mid February

By: Amanda Byford

In: Mortgage News

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As per new information from the Mortgage Bankers Association’s most recent Weekly Mortgage Applications Survey for the week finishing February 11, 2022, U.S. contract applications diminished 5.4 percent from multi-week sooner. The Market Composite Index, a proportion of home loanContinue Reading