Mortgage apps slide 5.4% despite lower rates
Mortgage apps slide 5.4% despite lower rates
Abstract
Applications for mortgage loans fell this week, even as rates declined amid widespread concern about a recession.
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Applications for mortgage loans fell this week, even as rates declined amid widespread concern about an impending recession.
The post Mortgage apps slide 5.4% despite lower rates appeared first on HousingWire.
Applications for mortgage loans fell this week, even as rates declined amid widespread concern about an impending recession.
The post Mortgage apps slide 5.4% despite lower rates appeared first on HousingWire.
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% for the week ending May 20.
The post Mortgage apps decline 1.2% despite drop in rates appeared first on HousingWire.
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% for the week ending May 20.
The post Mortgage apps decline 1.2% despite drop in rates appeared first on HousingWire.
Mortgage application volume dropped and remained at a multi-decade low last week after rates rose sharply.
The post Mortgage apps decline 3.7% as rates surge appeared first on HousingWire.
Mortgage application volume dropped and remained at a multi-decade low last week after rates rose sharply.
The post Mortgage apps decline 3.7% as rates surge appeared first on HousingWire.
Purchase mortgage rates averaged 5.1% Wednesday, continuing a downward trend, according to the Freddie Mac PMMS.
The post Purchase mortgage rates average 5.10% continuing two-week slide appeared first on HousingWire.
Purchase mortgage rates averaged 5.1% Wednesday, continuing a downward trend, according to the Freddie Mac PMMS.
The post Purchase mortgage rates average 5.10% continuing two-week slide appeared first on HousingWire.
The nationโs largest wholesale lender, United Wholesale Mortgageย (UWM), in the first quarter of 2022 posted an increase in margins and profits over the prior quarter, increasing its purchase volumes to record levels. But the Pontiac, Michigan-based lenderโs total loan production fell during the same period, reflecting a shrinking mortgage market.ย The company on Tuesday reported [โฆ]
The post United Wholesale Mortgage Q1 profits up 89% despite lower production appeared first on HousingWir...
The nationโs largest wholesale lender, United Wholesale Mortgageย (UWM), in the first quarter of 2022 posted an increase in margins and profits over the prior quarter, increasing its purchase volumes to record levels. But the Pontiac, Michigan-based lenderโs total loan production fell during the same period, reflecting a shrinking mortgage market.ย The company on Tuesday reported [โฆ]
The post United Wholesale Mortgage Q1 profits up 89% despite lower production appeared first on HousingWir...
Purchase mortgage rates this week averaged 5.10%, down only one basis point from a week ago. A year ago at this time, 30-year fixed-rate purchase rates were at 2.98%.
The post Mortgage rates hover in the lower 5% range appeared first on HousingWire.
Purchase mortgage rates this week averaged 5.10%, down only one basis point from a week ago. A year ago at this time, 30-year fixed-rate purchase rates were at 2.98%.
The post Mortgage rates hover in the lower 5% range appeared first on HousingWire.
Despite mortgage rates reaching the highest level in 14 years, mortgage applications increased 4.2% from the prior week, according to the latestย Mortgage Bankers Association (MBA)ย survey for the week ending June 17. โMortgage rates continued to surge last week, with the 30-year fixed mortgage rate jumping 33 basis points to 5.98% โ the highest since November [โฆ]
The post Purchase mortgage apps defy surging rates appeared first on HousingWire.
Despite mortgage rates reaching the highest level in 14 years, mortgage applications increased 4.2% from the prior week, according to the latestย Mortgage Bankers Association (MBA)ย survey for the week ending June 17. โMortgage rates continued to surge last week, with the 30-year fixed mortgage rate jumping 33 basis points to 5.98% โ the highest since November [โฆ]
The post Purchase mortgage apps defy surging rates appeared first on HousingWire.
Mortgage applications rose for the second straight week even as mortgage rates rose to 5.53%, the MBA reports.
The post Mortgage applications rise despite higher rates appeared first on HousingWire.
Mortgage applications rose for the second straight week even as mortgage rates rose to 5.53%, the MBA reports.
The post Mortgage applications rise despite higher rates appeared first on HousingWire.
Once the housing completion data looks better, the growth rate of rent โ which is the biggest driver of core CPI โ can cool down.
The post Housing completions key to lower mortgage rates appeared first on HousingWire.
Once the housing completion data looks better, the growth rate of rent โ which is the biggest driver of core CPI โ can cool down.
The post Housing completions key to lower mortgage rates appeared first on HousingWire.