Mortgage applications rise for third straight week
“Mortgage rates were mostly lower last week, with the 30-year fixed rate declining slightly to 6.93%, the lowest level in more than three months,” Joel Kan, vice president and deputy...
Mortgage applications increase as rates ease after inflation news
The average interest rate for 30-year fixed-rate mortgages with conforming loan balances of $766,550 or less decreased to 6.94% from 7.02% the previous week. Refinance applications slipped 0.4% but remained...
Mortgage applications wane amid higher borrowing costs
Government-backed loan applications fared slightly better, with FHA and VA applications seeing growth. The FHA share of total applications rose to 13.2% from 12.7% the week prior, while the VA...
Mortgage rates rise for the first time in a month
However, Lewis noted conflicting economic signals raise the possibility that “this could be a short-lived upward blip” for mortgage rates. The rate hike weighed on mortgage demand last week, with...
Rising rates send mortgage applications tumbling
“Mortgage rates increased for the first time in four weeks. The uptick in rates led to a decline in mortgage applications heading into Memorial Day weekend,” said Joel Kan, vice...
Refinance demand revives as mortgage rates ease
Mortgage applications increased slightly last week, fueled by a dip in interest rates that motivated borrowers to act, according to the Mortgage Bankers Association (MBA). Home loan applications rose 1.9%...
US mortgage applications climb on lower rates
Mortgage application volumes ticked higher last week as mortgage rates continued to edge down, driven by an uptick in refinancing activity, according to data from the Mortgage Bankers...
Mortgage applications end three-week streak of declines
“Mortgage applications increased for the first time in three weeks, with refinances up 5%,” said Mike Fratantoni, MBA’s senior vice president and chief economist. “Even with the increase, which included...