Mortgage application activity continued its strong start to 2020, driven by refinances to its highest level in six years as key interest rates plunged, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the week ending Jan. 31.
Tag: Interest Rates
Mortgage Applications Hit 6-Year High in MBA Weekly Survey
Mortgage application activity continued its strong start to 2020, driven by refinances to its highest level in six years as key interest rates plunged, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the week ending Jan. 31.
Black Knight: Low Interest Rates Translates into Home Buying Power
Black Knight, Jacksonville, Fla., said despite four consecutive months of accelerating home price growth, falling interest rates have increased home buying power, making homes their most affordable since 2018.
Mortgage Applications Strong in MBA Weekly Survey
Mortgage application activity continued its strong early 2020 pace, buoyed by the lowest interest rates in more than three years, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 24.
Mortgage Applications Strong in MBA Weekly Survey
Mortgage application activity continued its strong early 2020 pace, buoyed by the lowest interest rates in more than three years, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 24.
Ellie Mae: Interest Rate Rise Sparks Jump in Purchase Originations
The company’s monthly Origination Insight Report said purchase loans accounted for 54 percent of total closed loans in December, up from 51 percent in November and the 2019 low of 49 percent in September.
Mortgage Applications Decrease in MBA Weekly Survey
What goes up, must come down. Following a stellar start to the month last week, in which mortgage applications jumped by more than 30 percent after the New Year’s holiday, the pendulum swung back slightly.
Mortgage Applications Decrease in MBA Weekly Survey
What goes up, must come down. Following a stellar start to the month last week, in which mortgage applications jumped by more than 30 percent after the New Year’s holiday, the pendulum swung back slightly.
After Holiday Break, Mortgage Applications Soar in MBA Weekly Survey
The week after the holidays usually sees a sharp jump in mortgage applications activity, and last week was no exception, according to the Mortgage Bankers Association.
MBA Weekly Applications: A Tale of Two Surveys
Mortgage applications yo-yoed over the past two weeks, falling by 13 percent over the holiday break before regaining most ground the first week of January, the Mortgage Bankers Association reported in its Weekly Applications Survey for the weeks ending Dec. 27, 2019 and Jan. 3.