Google prepares to launch mortgage comparison tool

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.

Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
W S
Lending / The Ticker

Mortgage applications fall 1.8%

house
/ Print / Reprints /
| Share More
/ Text Size+

Mortgage applications continued to fall after a significant drop last week, declining 1.8% for the week ending Nov. 8, the Mortgage Bankers Association said. 

As a whole, the refinance share of mortgage activity remained frozen at 66%.

The refinance index declined 2% from the previous week, while the purchase index dropped a slight 1%.

The average contract interest rate for a 30-year, fixed-rate mortgage with a conforming loan limit increased to 4.44% from 4.32% 

Additionally, the 30-year, FRM jumbo jumped to 4.48% from 4.37%.

The average 30-year, FRM backed by the FHA increased to 4.16% from 4.07%, as the 15-year, FRM escalated to 3.52% from 3.44%.

Furthermore, the 5/1 ARM grew to 3.11%, compared to 3.08% a week prior.

Recent Articles by Brena Swanson

Comments powered by Disqus