PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S
Lending / The Ticker

Mortgage applications decline 2.3% as refis drop off

home loans chalk

Mortgage applications fell 2.3% this past week as home purchase activity picked up and refinancing activity cooled, an industry trade group said Wednesday.

The Mortgage Bankers Association weekly mortgage applications survey shows the refinance index falling 7%, while the purchase index increased 6% from a week earlier.

Refinancing activity made up less of the total application volume, declining to 64% of total apps, down from 68% from the previous survey. Adjustable-rate mortgage activity, meanwhile, held steady, representing 7% of total application volume.

The 30-year, fixed-rate mortgage with a conforming loan limit increased to 4.46% from 4.44%, while the 30-year, FRM with a jumbo loan balance declined to 4.47% from 4.48%.

The 30-year, FHA rate also ticked down to 4.14% from 4.16%, while the 15-year FRM stayed unchanged at 3.52%.

Comments powered by Disqus