Total volume dropped 3.2 percent for the week ending January 23 on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA). The results include an adjustment for the Martin Luther King holiday as well. After huge gains at the beginning of this month, mortgage applications are still up a striking 36 percent from a year ago.
Total volume dropped 3.2 percent for the week ending January 23 on a seasonally adjusted basis, according to the Mortgage Bankers Association.
First-time home buyers, many of them millennials, will receive some long-awaited mortgage assistance this year.
The Mortgage Bankers Association (or MBA) Applications Index rose 49% after rising 16% the week before.
From the MBA: Mortgage Applications…
The Mortgage Bankers Association's most recent report on mortgage applications noted a week-over-week increase of 49.1% in its seasonally adjusted composite index for the week ending January 9.
Link to Fitch Ratings' Report: Global Housing and Mortgage Outlook – 2015 http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=849488 LONDON, January 14 The outlooks for European residential …
FOSTER CITY, Calif. — Rates on the most popular types of mortgages pressed a little lower this week, with fixed-rate mortgages burrowing slightly deeper into 20-month lows, according to HSH.com's Weekly …
Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday.
Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago.