Sentences with phrase «refinance application volume»

«Refinance application volume fell last week.

«Following the Federal Reserve's taper announcement, mortgage application volume dropped again last week, with rates increasing and refinance application volume falling to its lowest level since November 2008,» Mike Fratantoni, MBA's vice president of research and economics, said in a statement.

«Refinance application volume fell last week,» Fratantoni said.

«Surprisingly, refinance application volume increased for the week, perhaps a sign that homeowners see rates moving away from them and are moving to lock in now before rates increase further,» says Mike Fratantoni, the MBA's chief economist.

FHA refinance application volume has dropped significantly from the previous year, mostly because millions of borrowers have already been turned down.

«Mortgage rates on 30 - year loans have increased 50 basis points since the week prior to the election, hitting their highest level since October 2014, and causing refinance application volume to dip 28 percent to a new low for the year,» said Mike Fratantoni, MBA's chief economist.

Mortgage Bankers Association (MBA), refinancing application volume increased by 21 % during the week ending on July 1, reaching its highest level since January 2015.

According to the Mortgage Bankers Association (MBA), refinancing application volume increased by 21 % during the week ending on July 1, reaching its highest level since January 2015.

After 6 consecutive weeks of declining refinance application volumes, RTT reported a surge in home refinancing activity.

Not exact matches

Loan application volume has dropped sharply in recent months, largely due to a decline in refinancing activity.

According to the Mortgage Bankers Association, loan volume surged by more than 14 percent and applications for a refinance, including a VA streamline, increased by more than 22 percent compared to the previous week.

Loan application volume has dropped sharply in recent months, largely due to a decline in refinancing activity.

By the fourth quarter, the MBA predicts the refinancing share will continue to decline until it accounts for only 40 percent of home mortgage application volume.

30 - Year Mortgage Refinancing - We have seen loan application volumes surge once again as 30 - year mortgage refinance rates are so low that people can't resist getting in line for a lower interest rate.

The Mortgage Bankers Association reported that applications volumes for refinancing had jumped with the news of a double - dip recession.

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)

Loan application volume has dropped sharply in recent months, largely due to a decline in refinancing activity.

Total mortgage application volume, including both home purchases and refinancings,...

Total mortgage application volume, including both home purchases and refinancings, increased 3.1 percent last week from the previous week on a seasonally adjusted basis, the MBA says.

The Mortgage Bankers Association reports that total mortgage application volume — including for refinancings and home purchases — climbed 7.2 percent last week compared to the previous week on a seasonally adjusted basis.

But last week refinancing volume rose 4 percent higher to nearly 46 percent of total applications, according to the MBA.

Refinance loans now account for 75.1 percent of applications, continuing the volume slide.

Mortgage processors and underwriters can expect 2018 to bring a slight increase in purchase loan volume, a considerable reduction in refinance activity, and an influx of home equity loan applications.

Fratantoni continued, «Although total application volume dropped on an adjusted basis relative to last week, refinance volume remains high, with survey participants reporting that the expanded Home Affordable Refinance Program (HARP) contributed to roughly 10 percent of their refinance activitrefinance volume remains high, with survey participants reporting that the expanded Home Affordable Refinance Program (HARP) contributed to roughly 10 percent of their refinance activitRefinance Program (HARP) contributed to roughly 10 percent of their refinance activitrefinance activity.»

Applications to refinance home loans drove the volume, rising 7 percent from the previous week, seasonally adjusted.