Items Tagged with 'Mortgage Application'

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MBA: 30-year mortgage rate falls two weeks straight

Includes adjustment for New Year’s Day holiday
Coming out of the holidays and into the start of the year, the 30-year mortgage rate continued to decline after several weeks of record highs. The decline is a change from the record high set right before the end of 2017 when the 30-year fixed-rate mortgage increased to its highest level since May 2014.
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Mortgage applications sink over the holidays

To no surprise
Mortgage applications took a dive over the last two weeks as consumers focused on the holidays more than buying a home. Since last week marked the only week of the year that the Mortgage Bankers Association does not put out a mortgage application report, this week’s report covers a two-week period.
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MBA: Mortgage applications continue downward trend

Interest rates move even higher
At this point, it seems like mortgage interest rates are posting new records each week, with the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances reaching a new high, again. As a result, mortgage applications continue to disappear.
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MBA: 30-year mortgage rate now at highest level since start of 2016

Refinance volume disappearing
The impact of the election is even more apparent in this week’s mortgage application report. The previous report quickly brought an end to weeks of lackluster mortgage application reports, and this week’s report only further cements that. In light of this, the 30-year mortgage rate now sits at its highest weekly average since the beginning of 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 reverse course, drop

Posts meager decline
While it’s not a significant decline, mortgage applications still reversed course and dropped in the latest mortgage application survey from the Mortgage Bankers Association. However, it’s not like the last report’s increase was any greater.
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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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MBA: It’s another quiet week for mortgage applications

Mortgage rates fall across the board
Mortgage applications reported a very quiet week, echoing other industry reports. As for what did change, all mortgage interest rates on mortgage products declined. Here’s what the latest news from the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey found.
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