Items Tagged with 'mortgage apps'

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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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  • Mortgage applications see 4.2% boost

    Refinance index sees slight increase
    Mortgage applications took a turn for the better this week, reversing course and increasing 4.2% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 17, 2018.
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