Tag Archives: Purchase Index

Even with rates still below the 3% mark, purchase applications slid week-over-week, as affordability issues continue to factor into homebuyers’ decision-making process.

After a down week, mortgage application volume is on the rise, with sub-3% rates powering refi volume as more and more are taking advantage of record-low rates.

After a few weeks of declines, mortgage application volume took a giant step forward, as rates continue to dip below the 3% mark.

After three weeks of declines, mortgage applications have reversed course, as rates still linger in the purchase and refi-friendly 3% range.

Contrary to the fact that homes remain in demand, tight supply and a rise in listing prices are driving down mortgage application volume.

Mortgage applications are slipping, as the war between low rates and affordability continues in the nation’s housing market.