Overall mortgage application volume dropped 3.3 percent on seasonally adjusted data last week compared to previous weeks.
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 activity.
The Mortgage Bankers Association also reported higher interest rates and decreased
overall mortgage application activity.
Not exact matches
The lack of change in
mortgage rates overall reported by the FHFA does contrast with the increase in mortgage rates over the month of October in the Mortgage Bankers» Association's Mortgage Applications Surve
mortgage rates
overall reported by the FHFA does contrast with the increase in
mortgage rates over the month of October in the Mortgage Bankers» Association's Mortgage Applications Surve
mortgage rates over the month of October in the
Mortgage Bankers» Association's Mortgage Applications Surve
Mortgage Bankers» Association's
Mortgage Applications Surve
Mortgage Applications Survey (MAS).
Columnist Daniel Indiviglio notes that the
overall influence government backed
mortgage loan programs on the U.S. home loan industry and housing markets is increasing: «Last week, they [FHA and VA purchase
mortgage applications] accounted for 42.8 percent of purchase
applications.»
What it is: Index value or measure of
overall volume of
mortgage applications received by MBA members.
Additionally, when looking at the adjusted index of
mortgage application activity, which includes refinancing and purchase
applications, there was an
overall decrease of 2.6 percent in the week ended July 12.
Sky Financial Corporation / The
Mortgage Center is able to cut the application to approval time by as much as half and we offer borrowers with reasonably good overall credit and a history of making mortgage payments
Mortgage Center is able to cut the
application to approval time by as much as half and we offer borrowers with reasonably good
overall credit and a history of making
mortgage payments
mortgage payments on time.
Overall,
mortgage applications slightly grew 2.7 % from one week earlier, with the seasonally adjusted purchase index decreasing 2 % from one week earlier.
Last week, the
Mortgage Bankers Association weekly mortgage applications survey showed that the overall refinance share of mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previo
Mortgage Bankers Association weekly
mortgage applications survey showed that the overall refinance share of mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previo
mortgage applications survey showed that the
overall refinance share of
mortgage activity was waning, falling to 52.4 % of total applications from 53.9 % the previo
mortgage activity was waning, falling to 52.4 % of total
applications from 53.9 % the previous week.
Source: «FHA Premium Drop Ignites
Mortgage Refinances, But
Applications Overall Are Flat,» CNBC (Jan. 18, 2017)
Overall,
mortgage applications fell to a seasonally adjusted rate of 2.4 percent last week compared to the week prior.