A surge in refinances caused mortgage applications volume to slightly tick up in the previous week, thanks to a drop in interest rates driven by significant market-pressuring events.According to recent data from the Mortgage Bankers Association, total mortgage applications increased by 3.3 Read more
Mortgage Applications Increased Feebly According to MBA
We are on the third week of August and the volume of mortgage loan applications just keeps on increasing. According to the latest weekly survey by the Mortgage Bankers Association (MBA) ending August 11, 2017, mortgage applications increased 0.1 percent from a week ago.The Mortgage Application Read more
Mortgage Applications Take an Upswing from the Previous Week
The month August showed a good kickstart for this month’s mortgage application activity. In a report released Wednesday, August 9, 2017, weekly mortgage applications gained 3.0 percent from the previous month.The refinancing shares of activity also increased by almost 50 percent. Other Read more
Increase in Mortgage Credit Availability Felt in July
The Mortgage Bankers Association (MBA) reported an increase in mortgage credit availability in the month of July. The Jumbo Mortgage Credit Availability Index (MCAI) showed the biggest increase among the component indices over the course of a month.The overall Mortgage Credit Availability Index Read more
Mortgage Applications Fell After 2 Weeks of Increase
In the survey ending July 28, 2017, the total volume of mortgage applications dwindled after two consecutive weeks of increase in the same month. The refinance activity also scored down slightly according to the latest survey. Survey Highlights:The Market Composite Index has decreased 2.8 Read more
