Articles Tagged with ''refinance applications''

Goodbye refi: Rising interest rates all but erase refinance demand

Purchase loans now make up nearly 75% of all mortgages
While mortgage interest rates dipped ever so slightly in the last week, they’ve been trending up for the majority of this year. And it appears that the consistent rise in interest rates this year has all but dried up refinance demand. Is it time to say goodbye to refis for a while? It certainly looks that way.
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MBA: Mortgage apps continue downward spiral

Interest rates continue to hit new multi-year highs
Mortgage applications continued last week’s decreasing trend, falling 2.5%. But even as mortgage apps, especially refinances, fall, the survey shows mortgage interest rates continue to hit multi-year and even all-time highs.
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MBA: Mortgage apps continue to decrease

Led by drop in refinance apps
Mortgage applications decreased 6.6% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. This decrease was led by yet another drop in refinance activity.
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MBA: Refinance share hits highest level since September

Mortgage applications jump again after Thanksgiving Holiday
After the Thanksgiving Holiday, mortgage applications jumped 4.7% from last week, according to data from the Mortgage Bankers Association. The refinance share of mortgage activity increased to 51.6% of total applications, up from 48.7% the week before and its highest level since September 2017.
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