FOMC Pushes Up Rate Hike Schedule

The Federal Reserve isn’t planning on raising key interest rates any time soon, but the trigger finger appears to be getting itchier.

MBA Chart of the Week: 10-Year Treasuries and 30-Year Fixed Rates

This week’s chart shows the recent climb in rates, and the spread between the 30-year mortgage rate, as surveyed by Freddie Mac, and the 10-year Treasury yield. As the 10-year has risen, so has the 30-year fixed rate, which has gone up 24 basis points since the beginning of February.

Mortgage Applications Increase in MBA Weekly Survey

Rates dropped; mortgage applicants pounced; and that’s pretty much the story, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 29.

Mortgage Applications Down Again in MBA Weekly Survey

Mortgage applications fell for the second straight week as the 30-year fixed rate crept up, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 22.

Mortgage Applications Decrease in MBA Weekly Survey

With mortgage rates rising to a two-month high, mortgage applications fell last week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 15.

Mortgage Applications Blast Off in MBA Weekly Survey

Mortgage applications—particularly refinance applications—surged last week as key interest rates held relatively steady and borrowers took advantage, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 8.

Mortgage Applications Drop over Holidays

Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.

Mortgage Applications Increase 2nd Straight Week in MBA Weekly Survey

No record-low interest rates this time, but the 30-year fixed rate was low enough to attract another push of refinance applications for the second straight week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 18.