Articles Tagged with ''Applications''

MBA: Mortgage applications decline further as refinances slide

Market Composite Index falls 4.3%
Although purchase activity remains solid, a drop in refinances contributed to mortgage applications declining further for the week ending May 1, 2019, according to the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said the drop in refinances can be attributed to fewer FHA and VA loan applications, which typically lag the movement of conventional loans.
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MBA: Geopolitical headwinds dampen mortgage application growth

The Market Composite Index drops 7.3% from the previous week
As geopolitical turmoil mounts, mortgage applications retreated further for the week ending April 24, 2019, according to the newest data from the Mortgage Bankers Association. According to MBA's weekly Mortgage Applications Survey, on an unadjusted basis, the Market Composite Index dropped 7.3% from the previous week.
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MBA: American home purchase activity reaches 9-year high

However, mortgage applications continue to decline as refinances slide
Primarily driven by a decline in refinances, the Mortgage Bankers Association revealed mortgage applications fell further for the week ending April 12, 2019. MBA Vice President of Economic and Industry Forecasting Joel Kan said with mortgage rates up for the second week in a row that it's no surprise that refis slid 8% and average loan sizes dropped back closer to normal levels.
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MBA: Mortgage applications fall as mortgage rates tick up

The Market Composite Index retreats 5.6%
In what may be a sign of just how sensitive borrowers are to fluctuations in mortgage rates, the Mortgage Bankers Association revealed mortgage applications declined further for the week ending on April 5, 2019, following a slight uptick in mortgage rates.
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MBA: Mortgage applications surge thanks to plummeting interest rates

Market Composite Index climbs a whopping 18.6%
The recent precipitous drop in interest rates drove a sizable increase in mortgage applications for the week ending on March 29, 2019, according to the newest data from the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said there was a tremendous surge in overall applications activity, as mortgage rates fell for the fourth week in a row – with rates for some loan types reaching their lowest levels since January 2018.
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MBA: Falling mortgage rates propel mortgage applications

Purchase and refinance applications jump 6% and 12%, respectively
Mortgage applications rose once again for the week ending on March 22 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said the spring buying season is off to a strong start.
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MBA: Economic worries slow growth of mortgage applications

Market Composite Index moves upward just 1.6%
Mortgage applications slightly inched forward for the week ending on March 15, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said mortgage rates declined once again, as concerns about the slowing global economy and status of Brexit drove investors' demand for U.S. Treasuries.
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MBA: Spring home buying season likely to be strong as mortgage applications heat up

Purchase applications increase annually for the fourth consecutive week
Mortgage applications reversed course for the week ending March 13, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said purchase applications have now increased year over year for four weeks, which signals healthy demand entering the busy spring home buying season.
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MBA: Rising mortgage applications show signs of promising spring homebuying season

Applications for 30-year fixed rate hold steady at 4.66%
Mortgage applications pushed forward for the week ending Feb. 20, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said mortgage rates held steady on mixed economic news, as core inflation remained firm and retail sales in December came in much weaker than expected.
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MBA: Mortgage applications decline as economic uncertainty grows

Applications for 30-year fixed rate mortgages fall 3.7%
Mortgage applications fell even further for the week ending Feb. 8, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said application activity fell as renewed uncertainty about the domestic and global economy likely deterred potential homebuyers.
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