New Home Purchase Activity Drops, Average Loan Size Too
With purchase mortgage loan application volume for existing homes on the decline, application volume for new home loan purchases in the U.S. dropped 12 percent from August to September and…
Purchase Mortgage Activity Has Dropped Over 50 Percent
Having inched up 1 percent the week prior, the number of applications to secure a purchase mortgage loan for an existing home in the U.S., which is a leading indicator,…
Purchase Mortgage Activity Inches Up, But…
Having dropped 6 percent the week prior, the number of applications to secure a purchase mortgage loan for an existing home in the U.S., which hit a 28-year low last…
Purchase Mortgage Activity Ticks Down
The number of applications to secure a purchase mortgage loan for an existing home in the U.S., which dropped back down to a 28-year low earlier this month, ticked down…
Purchase Mortgage Activity Back Down to a 28-Year Low
Having ticked up 2 percent from a 28-year low in mid-August, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. dropped 5…
Benchmark Mortgage Rate Hits a 22-Year High of Only 7.23%
The average rate for a benchmark 30-year mortgage ticked up another 14 basis points (0.14 percentage points) over the past week to 7.23 percent, which is 168 basis points higher…
Mortgage Credit Availability Slips on Jumbo Lending Concerns
Having dropped to a 10-year low in June, mortgage credit availability, as indexed by the Mortgage Bankers Association, inched down another 0.3 percent in July to its lowest level since…
Homebuying Activity in the U.S. Drops, Down 26 Percent Year-Over-Year
The number of applications to secure a purchase mortgage loan for an existing home in the U.S. dropped another 3 percent over the past week on both an absolute and…
Homebuying Activity Ticks Down, MOM and YOY
The number of applications to secure a purchase mortgage loan for an existing home in the U.S. ticked down another 2 percent over the past week in the absolute and…
Benchmark Mortgage Rate Drops, Hike Priced In
Having jumped 15 basis points (0.15 percentage point) to within 12 basis points of its 21-year high last week, the average rate for a benchmark 30-year mortgage dropped 18 basis…