Mortgage applications tick up 1.6% for week as refis grow

A year ago at this time, the 15-year frm averaged 3.29%.. mortgage Applications Fall 0.6%; builder mortgage delinquencies in. 4 days ago. However, both new purchase and refinance mortgage application. While stocks go up and down, most homes tend to steadily. at least 0.75% if they refinance now, a 1.6 million week-over-week increase.

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Mortgage app volume ticks up for 2nd straight week.. The volume of mortgage applications increased slightly during the week ending March 2, the second straight week of volume increases.

Mortgage applications jumped by 8.3 percent for the week ending January 8, with a 5.0 percent increase in the purchase index and an 11.4 percent gain in refis. The Senate Banking Committee will hold a second vote on Jay Powell’s nomination for Chairman of the FOMC on January 17 because the full Senate failed to approve him before the end of 2017.

First Fax is out with its alerts for today, citing important speakers, important news, and key economic data for the trading day. In the report, First Fax writes, "MBA Mortgage applications fell.

Hope Now: Mortgage mods in January down 27% from year ago I would now. year. Revenue at $17.2 million in the quarter was below initial expectations, as Jeff had said, and also down sequentially from the second quarter due to two factors. First, shipment.

Mortgage activity declined again during the week ended July 27. The Mortgage Bankers Association’s (MBA’s) Market Composite Index, a measure of loan application volume was down for the third.

Turning to today, MBA mortgage applications for the week ending December 7 kicked off today: +1.6% (refis at 41.5% of apps), the Consumer Price Index for November came in flat, core +.2%, as expected.

Mortgage applications declined for the week ending August 23. Purchase apps were down by 4.0 percent and refi apps were down 7.6 percent, coming off a surge in early August. On a four-week moving-average basis, refis are up 165 percent over the same period a year ago. Purchase apps are up by 6.3 percent over the last year.

Applications for U.S. mortgage loans jumped to a two-month peak in the latest week, according to the Mortgage Bankers Association. The MBA’s mortgage application index rose 1.6% to a reading of 390.0 in the week ended March 15, the highest point since the week of Jan. 18.

Investors still see relative value in subprime mortgage bonds . a sign in front of the Fannie Mae headquarters in Washington is seen.. Still, few Americans understand what Fannie and Freddie actually do for. While Alt-A loans typically went to borrowers with good credit and relatively high. did hold some subprime mortgage-backed securities in their investment.

Increases in the number of mortgage applications have tapered off during the March quarter, according to the latest data from consumer credit reporting agency Equifax. The annual rate of growth in home loan applications eased to +4.3% year-on-year in the first quarter this year, down from +6.6% from.

Last week the average contract interest rate for 5/1 ARMs decreased to 3.30% from 3.41%, and yesterday the MBA told us that the adjustable-rate mortgage share of activity decreased to 8.5% of total.

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