Optimal Blue: Boston-Area Mortgage Demand Started Year Strong
New mortgage application data is signaling homebuyers are reentering the market amid gradual decline in interest rates, setting the stage for another year that drives home prices up.
Purchase Loan Apps Dwindled as May Closed
After briefly rallying in the face of rising interest rates earlier this spring, the number of prospective homebuyers seeking home loans dwindled over the course of May.
Mass. Spring Mortgage Activity Up Over Past Two Years
The 2021 spring mortgage season in Massachusetts has outpaced the last two years, with more home buyers taking single-family and condominium purchase mortgages between January and May compared the same periods in 2019 and 2020.
Top LOs Grappled with Red-Hot Purchase Market
The pandemic challenged loan originators to find ways to meet the rapidly changing needs of consumers and the real estate industry. And a select few rode this wave to the top of their industry.
State’s Refinance Boom Continued in November
Massachusetts’ mortgage refinance boom continued in November as the number of residential mortgage refinances rose by 52 percent compared to November 2019, according to data from The Warren Group, publisher of Banker & Tradesman.
Mortgage Volumes Continue to Outpace Last Year’s Activity
The mortgage industry continues to see more purchase and refinance applications compared to the same time last year, according to data from the Mortgage Bankers Association.
Refinance Activity Up Last Week
Mortgage refinance applications in the U.S. increased last week, bringing new activity to the highest level since August, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
Mortgage Applications Drop Despite Lower Rates
Mortgage refinance and purchase applications across the country dropped last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, even as rates continued to drop.
Mortgage Activity Up in Mass., U.S.
Mortgage refinance and purchase applications across the country increased last week, while the month of August saw Massachusetts refinance activity nearly double.
Mortgage Applications Dropped Last Week
Mortgage refinance and purchase applications across the country dropped last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
Refinance Activity Reached Record Levels in Second Quarter
The second quarter saw the largest quarterly origination volume in the past 20 years, according to data firm Black Knight Inc. Mortgage activity has also shown signs that some of spring homebuying hampered by the pandemic has moved into the third quarter.
Mortgage Refinancing Drops Despite Record Low Rates
Despite record low mortgage rates, refinance activity across the country dropped last week, according to the Mortgage Bankers Association’s latest survey.
Refinance Activity Picked Up Last Week
Record low mortgage rates helped drive an increase in refinance activity across the country last week, according to the Mortgage Bankers Association’s latest surveys.
Mortgage Applications Rise, Forbearances Decrease
Purchase mortgage applications across the country rose last week, while the share of mortgages in forbearance has dropped, according to the Mortgage Bankers Association’s latest surveys.
Mortgage Applications Decline Again
Purchase mortgage applications declined for the second straight week after two months of growth, according to the Mortgage Bankers Association’s latest survey.
Mortgage Applications Declined Last Week
Purchase mortgage applications declined last week after nine weeks of growth, according to the Mortgage Bankers Association’s latest survey.
Purchase Mortgages Show Momentum
The spring mortgage market continued to show momentum as purchase mortgage applications across the country rose for the eighth straight week, according to the Mortgage Bankers Association’s latest survey.
Purchase Mortgage Apps Continue to Rise Nation-Wide
Purchase mortgage applications across the country continued to rise last week, while the percent of mortgages in forbearance had the smallest increase since March, according to the Mortgage Bankers Association’s latest surveys.
Purchase Mortgage Apps Rise Again
In a sign that the spring market could soon take off, purchase mortgage applications across the country increased for the sixth consecutive week, according to the Mortgage Bankers Association’s latest survey.
Mortgage Apps Plunged as Coronavirus Hit in Force
Last week was the first where the coronavirus suddenly became very real for much of America, and it shows in mortgage application data from the Mortgage Bankers Association.
