Sentences with phrase «refinance application activity»

«Both purchase and refinance application activity fell last week, and the market composite index is at its lowest level since December 2000,» says Mike Fratantoni, MBA's Chief Economist.

Not exact matches

The refinance share of mortgage activity decreased to 46.4 percent of total applications, its lowest level since July, from 47.8 percent the previous week.

Most of the drop stemmed from a continued reduction in refinance activity, but applications to purchase a home also fell.

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

The refinance share of mortgage activity increased to 57 percent of total applications, the highest level since February, while the adjustable - rate mortgage share of activity increased to 7.6 percent.

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 February 28.

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

Led by an 11 % decline in refinance applications, the MBA measure of mortgage activity is now at the lowest level since the year 2000.

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

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.

• Mortgage Applications Reflect Housing Trouble: No surprise here: Mortgage apps dropped 6.2 % with similar declines in both the refinancing and purchase activity components.

According to the latest survey for the week ending April 1, the refinance share of mortgage activity now sits at 54.5 % of total applications.

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 previous week.

The refinance share of mortgage activity increased to 64.2 percent of total applications from 64.0 percent the previous week.

The refinance share of mortgage activity increased, however, to 56.2 percent of total applications from 55.1 percent the previous week.

The latest Weekly Applications Survey results from the Mortgage Bankers Association show refinance activity down 16 percent week - over-week.»

The refinance share of mortgage activity increased to 55.4 % of total applications, up from 54.9 % the previous week.

The latest Weekly Applications Survey results from the Mortgage Bankers Association show refinance activity down 16 percent week over week.»

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

The refinance share of mortgage activity fell further, sinking to 52.8 % of total applications from 52.9 % the previous week.

The refinance share of mortgage activity is also backing away from its once increasing trend and instead decreased to 54.4 % of total applications from 55.4 % the previous week.

The refinance share of mortgage activity also dipped even further, decreasing to 52.9 % of total applications from 54.4 % the previous week.

The MBA said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, dipped 1.0 percent last week.

Mortgage applications soared nearly 10 % this past week as record low interest rates lifted refinancing activity, an industry trade group said Wednesday.

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 said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 6.3 percent to the lowest level since December 2000.

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.

That pushed down overall loan applications on the MBA's activity index by 0.1 percent for the week (which totals purchase and refinancing demand).

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.»

The refinance share of mortgage activity decreased to 50 percent of total applications from 51 percent the previous week.

The refinance share of mortgage activity remained unchanged at 63 percent of total applications from the previous week.

Although not exactly a census of all mortgage applications, most lending activity for the purpose of buying or refinancing a home is included in the HMDA records.