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Mortgage Application Volume Struggling With Higher Rates
August 24, 2023
Allen Santos
Financial Markets, Housing Bubble, Inflation, Mortage News, Top News, U.S. Housing Market
Comments Off on Mortgage Application Volume Struggling With Higher Rates
Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of […]
Purchase and Refinance Applications Tumble
May 19, 2022
Mariel Alumit
Loan Markets, U.S. Market
Comments Off on Purchase and Refinance Applications Tumble
Mortgage application activity, which had been on the rebound this month, suffered its largest loss since mid-February during the week ended May 13. Applications for both refinancing and home purchase took double digit hits. The Mortgage […]
Refinance Volume Reflects Lower Rates
Overall mortgage application activity returned to pre-holiday levels during the first week of the new year. Lower interest rates bolstered refinancing and the Mortgage Bankers Association said its Market Composite Index, a measure of mortgage […]