A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.
Read More »Mortgage Rates Jump After Three-Week Lull
Mortgage rates inched higher, as the nation’s economy and employment landscape continue to show solid gains.
Read More »Spark in Refi and Purchase Apps Drives Volume Upward
As rates shift upward, eager buyers and refinance-seekers are locking in before anticipated hikes continue.
Read More »Mortgage Apps Rise, as Affordability Concerns Linger
A rise in rates over the last week did not stop the charge of conventional purchase applications, as prospective buyers locked in rate before even more drastic increases.
Read More »Mortgage Rates Shift to Kick Off New Year
Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
Read More »Jump in Rates Shutting Out Refi-Seekers
Despite overall mortgage app volume on the upswing to begin 2022, the rise in rates has dropped conventional refis to their lowest levels since January 2020.
Read More »Mortgage Rates Reverse Course and Trend Downward
After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.
Read More »Mortgage Applications Tail Off to End 2021
A 3% decline in purchase applications was offset by a 2% rise in refi activity as overall mortgage application volume slid for the second consecutive week.
Read More »Mortgage Rates Remain Low and Stable
With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022.
Read More »Falling Rates Spark Run on Refis
Overall mortgage application volume is on the rise, and with rates just above the 3% mark, refinances led purchase apps in a market still hamstrung by supply concerns.
Read More »