Home >> Tag Archives: Mike Fratantoni

Tag Archives: Mike Fratantoni

Refis Begin to Trend Upward

The MBA reports that the downturn in mortgage rates has triggered homebuyer interest, as overall app volume has increased for the second consecutive week, and refinance activity rose 6% week-over-week.

Read More »

Purchase Mortgage Apps Fall 42% YoY

As mortgage rates rose for the 10th straight week, hitting a 21-year high, housing demand continues to tail off, with the MBA reporting overall app volume falling nearly 2% week-over-week.

Read More »

Fixed-Rate Mortgages Reach 20-Year High

After a slight break last week, Freddie Mac reports the fixed-rate mortgage inched closer toward the 7% mark, as recessionary concerns and housing affordability continue to drive down housing demand.

Read More »

Refi Volume Slips 86% Year-Over-Year

As fixed-rate mortgages continue to edge toward 7%, the MBA reports refinance volume has dropped off nearly 90% from last year’s totals, as both refinancing and home purchase apps declined and fell further behind last year’s record levels.

Read More »

Purchase Apps Hit Month-Long Slide

With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.

Read More »