Mortgage Loan Application Volumes Drop
Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 8.1 percent on a seasonally adjusted basis over the past week and were down 6…
Mortgage Loan Application Volumes Are Up (And Down)
Mortgage loan application volumes to either purchase or refinance a home in the U.S. increased 12 percent on a seasonally adjusted basis over the past week and were up 15…
Benchmark Mortgage Rate Holding Near a 2-Year High
The average rate for a benchmark 30-year mortgage inched down one (1) basis points (0.01 percentage points) over the past week to 3.55 percent, which is 78 basis points percent…
Purchase Mortgage Activity in the U.S. Down YOY
Mortgage loan application volumes to purchase a home in the U.S. ticked up 5 percent over the past week but were down 2 percent on a seasonally adjusted basis and…
Pace of Existing Home Sales in the U.S. Drops
Having ticked up 1.9 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. dropped 4.6 percent in December to an annual rate of 6.18 million sales,…
Purchase Activity for New Homes in the U.S. Down, Inventory Up
Despite the fact the number of new homes on the market across the country was at a 13-year high in November, and inventory levels were 39 percent higher than the…
Benchmark Mortgage Rate Keeps Climbing, Nearing a 2-Year High
Having hit a 22-month high last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points (0.11 percentage points) to 3.56 percent, which…
Benchmark Mortgage Rate Jumps to a 22-Month High
In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage jumped 23 basis points (0.23 percentage points) over the past week…
Benchmark Mortgage Rate Hits a 20-Month High
The average rate for a benchmark 30-year mortgage ticked up 11 basis points (0.11 percentage points) over the past week to 3.22 percent, which is 55 basis points higher than…
Purchase Mortgage Activity in the U.S. Ended 2021 Down
Mortgage loan application volumes to purchase a home in the U.S. dropped 4 percent on a seasonally adjusted basis over the last two weeks of 2021 and ended the year…