Sentences with phrase «mortgage applications rose»

Home refinancing and purchase mortgage applications rose and that is good news for mortgage brokers and lenders across the country.
Mortgage applications rose by 3 percent last week, boosted by a drop in rates.
Home mortgage applications rose a seasonally adjusted 3 % w / o / w.

Not exact matches

A separate report from the Mortgage Bankers Association showed mortgage applications last week rose to their highest level in nine weeks as interest rates on 30 - year fixed - rate mortgages hovered at their lowest level in more thanMortgage Bankers Association showed mortgage applications last week rose to their highest level in nine weeks as interest rates on 30 - year fixed - rate mortgages hovered at their lowest level in more thanmortgage applications last week rose to their highest level in nine weeks as interest rates on 30 - year fixed - rate mortgages hovered at their lowest level in more than a year.
The construction industry is certainly recovering: housing starts were up 6.8 percent in May, builder confidence reached its highest level since 2006, and mortgage applications continue to rise.
Mortgage applications to purchase a home rose 1 percent for the week and are 4 percent higher than a year ago.
Total mortgage application volume rose 1.5 percent on a seasonally adjusted basis for the week from the previous week.
The strength last week came entirely from mortgage applications to purchase a home, which rose 4 percent for the week and are almost 5 percent higher than the same week a year ago.
«This was seen in the weekly mortgage application data [last week] where purchases rose 1.4 percent week to week and 6.2 percent year over year.»
Rejection rates rose for credit limit increases and auto loans from June, but declined for mortgage refinancing applications.
Mortgage applications took another hit as home prices and mortgage rates continue to rise, with no signs of letting uMortgage applications took another hit as home prices and mortgage rates continue to rise, with no signs of letting umortgage rates continue to rise, with no signs of letting up any...
Despite rising mortgage rates and plunging applications for home loans, the housing recovery will continue, said economist Anthony Chan.
Mortgage applications to purchase a home rose 5 percent from the previous week.
The latest Mortgage Application data shows that Purchase Applications are actually on the rise.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 9.4 percent in the week ended FebrMortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 9.4 percent in the week ended Febrmortgage application activity, which includes both refinancing and home purchase demand, rose 9.4 percent in the week ended February 28.
Mortgage rates have risen over the past few weeks, contributing to a decline in mortgage appliMortgage rates have risen over the past few weeks, contributing to a decline in mortgage applimortgage applications.
Mortgage News: Poll predicts Ottawa will toughen mortgage rules to cool market — Calgary Herald Mortgage application fraud (Approximately $ 1.7 million of attempted fraud activity was detected daily)-- Equifax Mortgage fraud on the rise — FinancMortgage News: Poll predicts Ottawa will toughen mortgage rules to cool market — Calgary Herald Mortgage application fraud (Approximately $ 1.7 million of attempted fraud activity was detected daily)-- Equifax Mortgage fraud on the rise — Financmortgage rules to cool market — Calgary Herald Mortgage application fraud (Approximately $ 1.7 million of attempted fraud activity was detected daily)-- Equifax Mortgage fraud on the rise — FinancMortgage application fraud (Approximately $ 1.7 million of attempted fraud activity was detected daily)-- Equifax Mortgage fraud on the rise — FinancMortgage fraud on the rise — Financial Post
They would have a DTI ratio around 31 %, which is great because it's well below the maximum, and also provides a buffer in case mortgage rates rise from application to rate lock, or if any estimates wind up running higher than expected.
Mortgage application figures reflected this, rising for the second consecutive week.
Not surprisingly, mortgage applications have risen this month.
Although there have been a few glimmers of hope in recent economic news, including an increase in mortgage applications, an increase in retail sales, some positive cash flows and even profits by some of the larger banks, more clarity from the President about his stimulus package, and a rise in the stock market over the past week, so far nothing has turned positive for the trucking industry, and other than seasonal increases coming into the spring, likely won't for some time.
Driving the rise in mortgage applications, the refinance index increased 7 % from the previous week.
A new report from Equifax Canada says high - risk and suspected fraudulent mortgage activity is on the rise, citing a 52 per cent increase in suspected fraudulent mortgage applications since 2013.
Assuming falling interest rates and rising mortgage purchase applications in the final two months of 2006, the upward trend in sales will most likely continue.
Source: «Mortgage Application Volume Rose 1.7 % Last Week - MBA,» Dow Jones Newswires (May 9, 2012) and «79 % of Refinancing Home Owners Maintain or Reduce Mortgage Debt in First Quarter,» RISMedia (May 9, 2012)
Mortgage applications for purchasing a home increased again last week, rising 3.4 percent for the week ending May 4, the Mortgage Bankers Association reports in its weekly survey.
In this video, NAR Chief Economist Lawrence Yun talks about the decline in mortgage applications, the small increase in pending sales, signs of a stabilizing market, rising numbers of first - time homebuyers and their effects on wealth inequality.
Requests for mortgages for home purchases dropped 8.4 percent, while applications for refinancing rose 0.8 percent.
More importantly, applications for new - purchase mortgages rose 24 %, seasonally adjusted.
Applications for mortgages rose 49 % last week, with refinancing applications more than doubling on an unadjApplications for mortgages rose 49 % last week, with refinancing applications more than doubling on an unadjapplications more than doubling on an unadjusted basis.
Mortgage applications are on the rise as rates are close to hitting its lowest in three years.
Equifax Canada in January 2017 reported that suspected fraudulent mortgage applications had risen by 52 per cent since 2013.
Demand for mortgages on purchases of homes rose for the third consecutive week last week while applications for refinancing decreased, according to The Mortgage Bankers Association's (MBA's) seasonally adjusted index of overall mortgage application aMortgage Bankers Association's (MBA's) seasonally adjusted index of overall mortgage application amortgage application activity.
Applications for U.S. home mortgages fell for a second week and hit a 13 - year low as mortgage rates rose due to a bond market sell - off following the Federal Reserve's decision to pare its bond purchase stimulus in January, an industry group said on Tuesday.
Mortgage applications have fallen sharply since this summer on a jump in home finance costs as benchmark Treasuries yields eventually rose to a two - year high.
Total mortgage applications — including for refinances and home purchases — were essentially flat last week, rising just 0.8 percent on a seasonally adjusted basis, despite mortgage rates at their lowest averages in a month.
During the housing boom, this difference rose to an average of 550.0 points as conventional mortgage applications for purchase became easier to obtain.
Since the beginning of this year, conventional mortgage applications have risen by 44.2 percent and again exceed their government counterpart.
On Wednesday, the Mortgage Bankers Association said home mortgage refinancing applications rose 2 percent, to a level not seen since April 1Mortgage Bankers Association said home mortgage refinancing applications rose 2 percent, to a level not seen since April 1mortgage refinancing applications rose 2 percent, to a level not seen since April 19, 2009.
[68] By contrast, adjustable rate mortgages accounted for only 10 percent of the mortgage loan market in 2012; [69] however, there is some early indication that adjustable rate mortgages are gaining market share again as interest rates for fixed rate mortgages are on the rise: the share of new mortgage applications for adjustable rate mortgages rose by 75 % (from 4 % to 7 %) from March to August of 2013.
Loan applications for refinancing and purchasing — a gauge for home loan requests — are both on the rise, amid falling mortgage rates, the Mortgage Bankers Association mortgage rates, the Mortgage Bankers Association Mortgage Bankers Association reports.
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