After taking a giant leap toward the 4% mark, mortgage rates scaled back this week, as most economists feel home price growth will remain firm before cooling off later this year.
Read More »Refis Drop to Just 50% of Overall App Volume
A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.
Read More »Hike in Rates Drives Down Mortgage Apps
Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.
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 »Borrower Demand for Refinances Continues to Subside
Overall mortgage application volume declined week-over-week, as the pool of borrowers left are losing the incentive to refinance.
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 »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 »Mortgage Apps on the Rise as Rates Level Off
Mortgage applications rose 1.8% week-over-week, as the 30-year fixed-rate mortgage held steady at 3.10% as more took advantage of continued low rates to refinance.
Read More »Refi Activity Drives Rise in Mortgage App Volume
On the heels of the Fed’s tapering announcement, mortgage apps climbed over the previous week, led by an uptick in refis.
Read More »Refi App Volume Slips to 22-Month Low
Overall mortgage application volume declined from last week, led by a drop in refinance volume to levels not seen since January 2020.
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