Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Applications Survey for the week ending Oct. 4, 2024.
Optimal Blue: Rate-and-Term Refinance Locks Up Significantly From 2023
Optimal Blue, Plano, Texas, released its September Market Advantage report, finding a spike in rate-and-term refinance activity.
Fannie Mae Finds Housing Confidence Inching Higher
Fannie Mae, Washington, D.C., reported its Home Purchase Sentiment Index increased 1.8 points in September to 73.9--its highest level in more than two years--as consumers are optimistic mortgage rates will decline further.
