Items Tagged with 'purchase applications'

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MBA: Mortgage applications continue to decline

Refinance demand drops to another record low
This week’s mortgage application data looked similar to the previous week’s report as applications fell once again due to a drop in refinance demand. This time around the refinance share of mortgage activity sank even lower, falling to the lowest level since November 2008.
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Mortgage applications post another humdrum week

Nearly identical to last repot
The Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey looks extremely similar to the previous week’s report. Unfortunately, like last week, the change is very minor, continuing weeks of humdrum reports. This does, however, mark its lowest level since May 2016.
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MBA: Mortgage applications barely move

Mortgage interest rates starting to rise
To no surprise, mortgage applications are barely moving, posting a marginal decline from the week prior. What is notable, however, is the increase in mortgage interest rates. Nearly all of the mortgage product interest rates reached a new high in this latest survey.
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MBA: Mortgage applications post another quiet week

Includes adjustment for Columbus Day holiday
Mortgage applications continue to post lackluster results, with this week’s report from the Mortgage Bankers Association no different. As far as mortgage rates go, the average contract interest rate for 30-year, fixed-rate mortgages with conforming loan balances increased to its highest level since June 2016.
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