“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 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 […]
Mortage News
Rates Continue to Deter Purchasing
Mortgage application volume during the week ended July 24 was down slightly from the prior week. Static interest rates did little to stir the refinancing pot, but purchase volume declined. The Mortgage Bankers Association said […]
Weely Real Estate News
Mortgage Application Activity Catches an Upswing
Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by […]