“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 Increases Despite Higher Rates
Mortgage application volume increased during the week ending April 21. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, rose 3.7 percent on a seasonally adjusted basis compared to […]
Weely Real Estate News
Refinances Fuel Uptick in Mortgage Application Activity
Mortgage application activity was on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 8. The MBA’s Market Composite Index was up by 7.4% on a seasonally […]
Housing
Mortgage Application Volume Declines Further, ARM Shares Increase
Mortgage application volume moved lower for the third consecutive time during the week ended October 27 , losing another 2.1 percent on a seasonally adjusted basis. The Mortgage Bankers Association (MBA) reported a 3.0 percent […]