Tag Archives: Purchase Applications

Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.

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.

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.

Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.

Mortgage application volume held steady week-over-week according to a new report, as a slight drop in refis was countered by a rise in home purchases.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.

Another record low record for mortgage rates was attributed to better-than-expected economic numbers. Click through to read more.

Another record low record for mortgage rates was attributed to better-than-expected economic numbers. Click through to read more.

The risk of mortgage application fraud is rising across the country according to a recent study. Click through to learn which areas are most prone to this risk.

Mortgage applications for new home purchases and refinance applications both experienced increases as home prices recover, according to the Mortgage Bankers Association June 2015 Builder Application Survey and Weekly Mortgage Applications Survey for the week ending July 10, 2015.