Items Tagged with 'purchase applications'

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MBA: Mortgage applications post another tepid week

Average loan size for purchase apps hits survey high
Despite the current low-mortgage rate environment, mortgage applications once again recorded a slow weak. However, one notable data point in this week’s survey is that the average loan size for purchase applications reached a survey high.
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MBA: Mortgage applications reverse course

Decline amidst spring home-buying season
It was a slow week for mortgage applications despite it being peak buying season, with applications moving further away from the highs witnessed two weeks ago. Here’s where applications fell short.
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Freddie Mac: Housing growth remains stagnant

...But it's not all bad news
"We remain cautiously optimistic the housing recovery will continue, albeit slowly, until we see more tightening in the labor markets to give personal incomes a much-needed jolt,” Freddie Mac Chief Economist Frank Nothaft said.
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