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.
Read More »Refis Spur Rise in Mortgage Apps
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.
Read More »FHFA Waives Adverse Market Refi Fee
Savings will be passed on to consumers, as lenders will no longer be required to pay the GSEs a fee when they deliver refinanced mortgages.
Read More »Mortgage Rates Slide for the Third Consecutive Week
Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.
Read More »Purchase and Refi Apps Bounce Back
After a few weeks of declines, mortgage application volume took a giant step forward, as rates continue to dip below the 3% mark.
Read More »Mortgage Apps Dip for Second Consecutive Week
An analysis of mortgage application volume finds a decline in volume, with higher prices continuing to prevail despite rates in the 3% range.
Read More »Purchase and Refi Apps Rebound
After three weeks of declines, mortgage applications have reversed course, as rates still linger in the purchase and refi-friendly 3% range.
Read More »Purchase Volume and Refis Tail Off
Even with rates bordering the 3% mark, both purchase applications and refi volume saw slight declines this week with the continued cloud of low inventory and high prices factoring into homebuyer’s decisions.
Read More »Purchase Activity Shows Signs of Slowdown
Contrary to the fact that homes remain in demand, tight supply and a rise in listing prices are driving down mortgage application volume.
Read More »The Week Ahead: Gauging Q2 Homebuyer Trends
This week, the MBA’s seesaw mortgage applications survey will provide some insight into the state of the marketplace, with continued low rates not enough to coax buyers off the fence for fear of overpaying.
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