Sentences with phrase «refinance applications since»

Refinance applications rose to 18.2 percent, also seasonally adjusted, and the highest rate for refinance applications since mid-May.

That was the highest percentage of refinance applications since December of 2016.

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.

The refinance share of total applications fell to 41.6 percent, the lowest since September 2008.

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

«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.

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.

I) At the time of loan application: a) the borrower must be current, b) must have made at least 6 full months of payments since the first payment date and, c) at least 210 days must have passed from the closing date of the mortgage being refinanced.

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.

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

U.S mortgage demand increased again last week, led by a bounce - back in refinance applications and interest rates hitting their lowest levels since mid-March.

The lenders use a shared application platform to offer private student loans and, since 2016, refinance student loans to eligible Maine students and residents.

Since you are trading one loan for another, a refinance often involves going through the entire loan application process again.

Following the drop in rates after the Brexit vote in June, refinancing applications rose to the highest level since January 2015.

Marianne Lake, J.P. Morgan's chief financial officers, recently reported that mortgage originations are likely to descend as far as 40 %, and that the bank has already seen a reduction in refinance applications of over 60 % since May this year.

Refinance mortgage applications fell to a 38.4 % share, the lowest since September 2008.

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.

«Refinance applications continued to wane, falling by nearly 3 percent and comprising the lowest share of refinance applications in our survey since OctoberRefinance applications continued to wane, falling by nearly 3 percent and comprising the lowest share of refinance applications in our survey since Octoberrefinance applications in our survey since October of 2008.

«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.

Despite this most recent release, applications for refinancing have moved broadly higher since the beginning of 2011 whereas the mortgage applications for purchase index has trended flat since 2010.

On Wednesday, the Mortgage Bankers Association said home mortgage refinancing applications rose 2 percent, to a level not seen since April 19, 2009.

«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.

«Refinance applications rallied last week on a 3 basis point drop in mortgage rates to the lowest level since May 2013.