MBA: Purchase Applications Declined Despite Rate Drop
While November saw a nearly 1 percent drop in mortgage rates, the past four weeks have seen applications decrease overall more than 10 percent, according to the Mortgage Bankers Association.
MBA: Mortgage Applications at Slowest Pace Since 1997
Mortgage application activity last week slowed to a pace not seen in 25 years as mortgage rates continued to rise, according to the Mortgage Bankers Association.
Mortgage Applications Drop Slightly in Latest MBA Survey
Mortgage applications decreased 1.3 percent from one week earlier; however, both conventional and government purchase applications increased.
Refi, Purchase Apps Jump in Latest MBA Survey
The number of applications for purchase and refinance mortgages nation-wide jumped last week while growth in the number of loans in forbearance continued to slow according to a pair of new surveys from the Mortgage Bankers Association.
Purchase, Refi Applications Fall as Rates Continue to Climb
Mortgage applications decreased 4.1 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Feb. 9.
December Purchase Applications Were Up Nearly 8 Percent
The Mortgage Bankers Association Builder Applications Survey data for December 2017 shows mortgage applications for new home purchases increased 7.8 percent compared to December 2016.
