Home Buying Activity Inches Up, Only Down 35 Percent YOY
The volume of applications to secure a purchase mortgage loan for a home in the U.S. inched up 2 percent last week on both an absolute and seasonally adjusted basis,…
Benchmark Mortgage Rate Ticks Down to 6.6 Percent, But…
With all the volatility in the financial markets, the average rate for a benchmark 30-year mortgage ticked down 13 basis points (0.13 percentage points) over the past week to 6.60…
Pace of New Home Sales Slips Despite More Activity/Discounts
Driven by discounting and concessions, as home builders are more “motivated to sell homes in their construction pipeline,” versus existing-home owners that might try to hold out for last year’s…
Home Buying Activity Ticks Up, But…
The volume of applications to secure a purchase mortgage loan for a home in the U.S. ticked up 9 percent in the absolute last week, representing a 7 percent increase…
Home Buying Activity Continues to Drop
Having dropped to a 28-year low last week, the volume of applications to secure a purchase mortgage loan for a home in the U.S. has since ticked down another 3…
Benchmark Mortgage Rate Hits 6.5 Percent, Poised to Rise
The average rate for a benchmark 30-year mortgage ticked up another 18 basis points (0.18 percentage points) over the past week to 6.50 percent, which is 261 basis points, or…
Home Buying Activity Drops to a 28-Year Low
While home buying activity typically starts ticking up in February, the volume of applications to secure a purchase mortgage loan for a home in the U.S. dropped 18 percent on…
Purchase Mortgage Activity Continues to Drop, Down 40% YOY
With the average rate for a 30-year mortgage having ticked back over 6 percent and poised to rise, the seasonally adjusted volume of applications to secure a purchase mortgage loan…
Purchase Mortgage Activity Drops Despite Decline in Rates
Despite a drop in the average 30-year mortgage rate to a 4-month low, the seasonally adjusted volume of applications to secure a purchase mortgage loan for a home in the…
Purchase Mortgage Activity Jumps
Having dropped to a 9-year low last week, the seasonally adjusted volume of applications to secure a purchase mortgage loan for a home in the U.S. has since jumped 25…