Sponsor Content The refinance share of mortgage activity decreased to 48.9% of total applications from 49.0% the previous week. The adjustable-rate mortgage (ARM) share of activity remained unchanged.
The adjustable-rate mortgage (ARM) share of activity increased to 6.9 percent of total applications. Content Square 1. The FHA share of total applications decreased to 12.7 percent from 13.7.
MBA Mortgage Applications Composite Index: -0.2% vs. +4.9% (W/W). Purchase Index: flat vs. +6.0%. refinance index: -0.3% vs. +4.0% 30 year mortgage rate at
Mortgage applications volume rose on the same week that global interest rates hiked. In its latest report, Mortgage Bankers Association ‘s Weekly Mortgage Applications Survey reported an overall increase of 1.4 percent in total mortgage applications from the week prior.
Additionally, Kan said with purchase activity increasing and mortgage rate movements mostly unchanged, the refinance share of applications reached their lowest level since last November. The Refinance.
A few weeks ago, it looked like interest rates were on their way down again, but that was short-lived. So was the surge in mortgage application volume that went along with it.Interest rates rose.
· Mortgage applications fell just 2.8% in the prior week, versus an initial reading of -7%. Rising interest rates were cited by bankers as a reason why home-related loan volume was down.
Mortgage Applications Teeter as Rates Rise. Mortgage Volume Back Down Again. 10 Hot Trends For Your Home In 2018. New year, new home loan: A guide to refinancing in 2018. Equity-Rich Properties Hit Tipping Point.
A major bank just announced the lowest 10-year fixed mortgage rate ever Interest rate compression is a good thing for nearly everyone, except banks. JPMorgan Chase won’t feast on rising net interest margins on loans. Even mortgage. not my call, fixed charges coverage.Mortgage rates today, January 16, 2019, plus lock recommendations Mortgage Rates Reverse Course Every Day This Week, But Stay Near Lows MBA: Mortgage applications reverse course, drop. falling only a slight 0.4% from a week ago. Interest rates, on the other hand, declined with most fixed-rate mortgages dropping to lows not seen.