Mortgage application volume rises, driven by refinances

Despite a decline in interest rates, mortgage volume took. Forecasting. "Applications to refinance and purchase a home both fell, but purchase activity still remained slightly above year ago levels.

"Mortgage rates dropped again for most loan types, which led to an increase in refinance activity, partly driven by a 9% jump in VA applications." The drop spurred more refinance activity, with those applications rising 3% for the week and a striking 92% annually.

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About this Data. The Weekly Mortgage Applications Survey contains 15 indices covering home loan application activity for fixed rate, adjustable rate, conventional and government loans for home.

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Building on the huge momentum two weeks ago, mortgage application volume jumped further last week, up 14.2 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).

Mortgage applications. a measure of application volume, fell lost another 3.7 percent on a seasonally adjusted basis during the week ended February 8. On an unadjusted basis the composite was down.

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Mortgage application volume rises again on refinance activity. Refinances drove mortgage applications up for the second week as mortgage rates remained low, and overall application volume was at the highest level since June 2013 last week, according to the weekly Mortgage Bankers Association (MBA) applications survey released today.

Mortgage applications continued to rise over the last week, thanks to a rising tide of refinance applications, a new report from Mortgage Bankers Association shows. According to the MBA’s Weekly.

CNBC’s Diana Olick reports on the latest mortgage application data.. Mortgage application volume rises, driven by refinances. Taking on Beyond Meat in the plant-based arena 03:26.

Mortgage. rise in interest rates which have reached their highest level since July 2011. The average rate for the 30-year fixed rate-mortgage increased to 4.68% from 4.58% last week. The spike in.

– Mortgage Applications Increase in Latest MBA Weekly Survey . Jun 25, 2019 – MBA Statement on President Trump’s Executive Order on Housing Affordability . Jun 24, 2019 – MBA Expands Path to Diversity Scholarship Program Eligibility to Select Conferences