Black Knight says the steep ascent of mortgage rates, the 30-year conforming jumped 63 basis points in April, was matched by a sharp drop in rate lock activity. Overall volumes were down 20 percent from March, […]
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 […]
Mortgage application volume continued its recovery last week driven by a second strong increase in purchasing activity. The Mortgage Bankers Association said its Market Composite Index, a measure of that volume, gained a seasonally adjusted […]
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