“The spread between the jumbo and conforming rates widened to 16 basis point,” said MBA’s Joel Kan.
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Mortgage Application Activity Continues to Rise
Mortage News
Mortgage Application Volume Reaches Five-Week High
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure […]
Mortage News
Lower Rates Help Mortgage Application Volume to Recover
The volume of mortgage applications posted the first gain since May 5, aided by lower interest rates and the usual post-holiday week bounce. The Mortgage Bankers Association (MBA) said its Market Composite Index increased 7.2 […]
Mortage News
Mortgage Application Volume Deflated by Rising Rates
The volume of mortgage applications, which had risen by more than 6 percent the prior week lost nearly all those gains during the week ended May 12. The Mortgage Bankers Association said its Market Composite […]