Mortgage applications slow even as rates reach a new low
Mortgage applications decreased 4.8% from one week earlier, as refinance activity was down even as average rates fell to a new record low, according to the Mortgage Bankers Association.
Purchase
Mortgage rates tick up, but there is room to move lower
Mortgage rates experienced a marginal uptick this week, rising three basis points. But they remained near record lows and possibly soon could track down again, according to Freddie Mac.
Mortgage applications increase as purchase activity jumps
Mortgage applications increased 6.8% from one week earlier as this summer's surprise purchase demand has carried over to the fall, according to the Mortgage Bankers Association.
Mortgage rates hold steady, remain near all-time low
Mortgage rates remained relatively flat, rising a single basis point off of last week's record low, according to Freddie Mac.
Mortgage originations set for a record year, Fannie Mae predicts
Low rates, along with increased new and existing home sales activity drives the latest forecast.
Decline in refinances brings down mortgage application volume
Mortgage applications decreased 2.5% from one week earlier as refinance activity appears to decelerating, according to the Mortgage Bankers Association.
Servicers intensify retention efforts as the rate of success declines
Only 18% of refinance borrowers returned to the same lender in the second quarter, the second lowest rate since 2005.
Past forbearance will affect borrowers’ ability to get new loans: FHA
The guidelines are somewhat similar to those the Federal Housing Finance Agency established for the government-sponsored enterprise market in response to the high number of loans impacted by coronavirus-related hardships.
Mortgage applications down again as refi activity keeps slowing
Mortgage application volume decreased 6.5%, falling for the second consecutive week with refinance activity at its lowest since early July, according to the Mortgage Bankers Association.
Mortgage rates soar as investors become less pessimistic
But the 30-year fixed remains below 3%, which should continue to support increased demand.
Mortgage credit rises in July, as ARMs, jumbos come back
Conditions have improved for the first time since November.
Mortgage applications down again, but still ahead of 2019’s pace
Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.
Mortgage rates slip back below the 3% mark
Mortgage rates fell 2 basis points this week, remaining near their historic lows as they have for the past month with the markets roiled by uncertainty, according to Freddie Mac.
Mortgage rates rise for the first time in over a month
Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.
Mortgage applications rise as loan demand remains strong
Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the Mortgage Bankers Association.
Pandemic pushes FHFA to keep Fannie and Freddie 2021 goals static
The Federal Housing Finance Agency will extend the same GSE benchmarks of the past three years into 2021.
Mortgage applications increase as refinance volume rebounds
Strong growth in refinance volume following several weeks of so-so activity drove a 5.1% week-to-week increase in mortgage applications, according to the Mortgage Bankers Association.
Wells Fargo expands nonconforming jumbo refi loan criteria
However, those who aren't current bank customers need to have $1 million in a qualifying account.
Pending home sales post record gain, exceed all forecasts
Contract signings to purchase previously owned homes surged in May by the most on record as mortgage rates fell and some states began to reopen from coronavirus lockdowns.
Mortgage application volume down although rates stayed at record low
Even as interest rates remained at record-low levels, mortgage application activity for both purchases and refinancings declined compared to one week earlier, according to the Mortgage Bankers Association.
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