Flattening rates fail to bring in mortgage borrowers
Loan volumes fell for the third straight week, with depressed demand for government lending driving activity downward, the Mortgage Bankers Association said.
Mortgage applications
Mortgage app volumes plunge after rate surge
Mortgage application activity had its largest decline in a year, according to the Mortgage Bankers Association.
Mortgage applications for new homes keep rising
Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.
Mortgage application volumes decrease to close out 2023
The end-of-year slowdown comes after a recent fall surge, but overall activity still finished 6% below late 2022 levels, according to the Mortgage Bankers Association.
Mortgage application volumes slow for first time since October
Activity fell despite an ongoing slide in rates, but elevated interest in VA loans, particularly refinances, managed to lift the government-sponsored index higher by a fraction, the Mortgage Bankers Association said.
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Mortgage application volumes rise for sixth straight week
Falling interest rates are behind a recent spike in government-backed lending as well as refinances, according to the Mortgage Bankers Association.
Mortgage apps see fourth straight weekly gain
Rising purchase activity countered falling refinances, as declining interest rates helped bring some aspiring buyers to market, the Mortgage Bankers Association said.
Purchase mortgage applications increase as inventory picks up
Loan activity overall came in higher for the second week in a row, with interest rates flattened following an extended volatile period, the Mortgage Bankers Association said.
Mortgage application volumes decrease amid rising uncertainty
Loan activity fell for a second consecutive week, dropping to levels last seen in 1996, as a potential government shutdown loomed.
Mortgage application volumes fall to a 27-year low
Purchase-loan activity dropped again to its most subdued level in close to three decades, while refinances saw their smallest numbers in eight months, according to the Mortgage Bankers Association.
Mortgage application activity squeezes out small weekly increase
Both loan volumes and interest rates came in mostly flat, but the jumbo average ran ahead of the conforming for the second week in a row, the Mortgage Bankers Association said.
Despite interest rate decrease, weekly mortgage volume fell: MBA
Meanwhile, the average purchase loan amount surged to its highest level in 2023, showing signs of continued demand amid limited inventory.
Mortgage volumes rise despite higher interest rates
Conventional and government-backed purchases both increased last week, even with a 12 basis point surge in the 30-year conforming average, the Mortgage Bankers Association said.
Mortgage activity drops for first time in five weeks
The falloff in government-backed applications outpaced the overall decline, with volume down by over 8%, the Mortgage Bankers Association said.
Government-sponsored mortgage applications surge 13%
The increase in federally backed loan activity helped drive overall volumes upward for the first time since early February, even as interest rates jumped again, according to the Mortgage Bankers Association.
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Mortgage activity falls alongside declining inventory
A week after it dropped to a 28-year low, purchase activity decreased again by over 5%, according to the Mortgage Bankers Association.
Mortgage payment amounts grew last month despite lower interest rates
Buyer affordability has decreased by almost 22% in the past year, according to the Mortgage Bankers Association.
Purchase applications plunge to lowest level since 1995
Volumes fell 18% compared to the previous week, while refinance activity also pulled back.
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