Mortgage Loan Activity Drops
Having ticked down 2 percent last week with the traditional spring buying/selling season underway, mortgage loan application volume across the U.S. has since dropped another 5 percent in the absolute,…
Benchmark Mortgage Rate Nearing a 10-Month High
The average rate for a benchmark 30-year mortgage, which inched over 3 percent for the first time since last July earlier this month, inched up another 8 basis points (0.08…
Refinancing Activity Hits a 6-Month Low
With refinancing activity having dropped to a six-month low, and currently down 13 percent on a year-over-year basis, versus 100 percent higher just two months ago, mortgage loan application volumes…
Mortgage Rates Continue to Inch Up
While the Fed has just affirmed its intentions to maintain a low rate environment through 2023, the average rate for a benchmark 30-year mortgage, which inched over 3 percent for…
Mortgage Rates Inch Up
Having inched over 3 percent for the first time in seven months last week, the average rate for a benchmark 30-year mortgage has since inched up another 3 basis points…
Mortgage Loan Activity Slips Driven by a Drop in Refinancings
Having ticked up 2 percent last week, mortgage loan activity across the U.S. has since slipped a percent, driven by a drop in refinancing activity, according to the Mortgage Bankers…
Mortgage Loan Activity Ticks Up, But…
Having dropped 10 percent last week, mortgage loan activity across the U.S. ticked up 2.0 percent this week, with purchase loan activity ticking up 5 percent and refinancing activity inching…
Mortgage Loan Activity Drops
Having slipped earlier this month, mortgage loan activity across the U.S. dropped 10 percent over the past week, with purchase loan activity dropping 8 percent and refinancing activity down 11…
Benchmark Mortgage Rate Holds
The average rate for a benchmark 30-year mortgage has held at 2.73 percent over the past two weeks, which is only 8 basis points (0.08 percentage points) above its all-time…
Benchmark Mortgage Rate Nearing an Unprecedented Mark
The average rate for a benchmark 30-year mortgage dropped another 6 basis points (0.06 percentage points) over the past week to 3.07 percent. That’s a new all-time low for the…