• MBA: Mortgage Applications Decrease in Latest Weekly Survey, Refi Index lowest since August 2008

    4 monthes ago - By Calculated Risk

    From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
    Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending May 11, 2018.
    ... The Refinance Index decreased 4 percent from the previous week to its lowest level since August 2008. The seasonally adjusted Purchase Index decreased 2 percent from one week earlier. The unadjusted Purchase Index decreased 2 percent compared with the previous week and was 4 percent higher than the same week one year...
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  • Weekly mortgage applications fall 2.7% even before rates spike

    Weekly mortgage applications fall 2.7% even before rates spike

    4 monthes ago - By CNBC

    Borrowers may have missed an opportunity to get the last of the low rates last week, as it now appears interest rates are moving decidedly higher.
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