Items Tagged with 'refinance activity'


MBA: Purchase apps rise as refi apps fade

Purchase index hits highest level since January
Despite a spike in purchase applications, mortgage applications dropped for the third week straight. The rise in purchase volume was not enough to offset the continuous drop in refinance activity.
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MBA: Mortgage applications fall 4.3%

Refinance activity drops after last week’s high
Mortgage applications simmered down after last week’s strong report, with applications falling 4.3%. The refinance share of mortgage activity also dropped, declining to 61% of total applications from 64.3% the previous week, which was the highest level since February 2015.
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FHFA refinance activity declines

Rising mortgage rates fuel the drop
A little more than 68,000 Fannie Mae and Freddie Mac mortgages refinanced through the Home Affordable Refinance Program in August, the FHFA noted Wednesday.
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Southern community banks perform well, despite lingering risks

Competition weighs on banks that picked up mortgage lending activity
Home values and housing activity picked up across Southern communities, benefiting community banks in the region. But these trends are in large part due to the area's vibrant oil and gas industry and other economic indicators, the Office of the Comptroller of the Currency claimed in a new report.
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