MBA Weekly Applications Survey Mar. 16, 2022: Rate Volatility Drives Down Refis

Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.

MBA Weekly Applications Survey Mar. 16, 2022: Rate Volatility Drives Down Refis

Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.

MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size

With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.

MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size

With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.

MBA Chart of the Week, Mar. 4, 2022: 10-Year U.S. Treasury Yields

Prior to Russia’s invasion, 10-Year Treasury yields broke higher — reaching 2.05% on February 15. Since then, they have fallen to as low as 1.72% but have rebounded somewhat, underscoring both the downside risk and volatility markets are facing.

MBA Chart of the Week, Mar. 4, 2022: 10-Year U.S. Treasury Yields

Prior to Russia’s invasion, 10-Year Treasury yields broke higher — reaching 2.05% on February 15. Since then, they have fallen to as low as 1.72% but have rebounded somewhat, underscoring both the downside risk and volatility markets are facing.