Mortgage applications jump 21.7% on refinancing activity
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· U.S. mortgage applications edged up last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months on worries about trade tensions, the Mortgage Bankers Association said on Wednesday. The.
The benchmark 30-year fixed-rate mortgage averaged 4.22% during the week ending. What’s more surprising, perhaps, is that more Americans are also trying to refinance. Refi application activity over.
The refinance share of mortgage activity rose to 45.8% of total applications, increasing from 42.7% the previous week. This is the highest reading since February 2018. The adjustable-rate mortgage.
Purchase activity drives jump in mortgage apps june 11, 2015 WASHINGTON (6/11/15)–After more than a month of declining activity, mortgage applications perked up for the week ending June 5, as the Mortgage Bankers Association’s weekly mortgage applications survey index surged by 8.4% ( Economy.com June 10).
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WASHINGTON – Mortgage applications continue to rise, reflecting a jump in refinancing and more home purchases, a private report has found. The Mortgage Bankers Association’s index of mortgage.
The four-week moving average of mortgage applications, which smoothes weekly volatility, was down 9.0%. Weekly refinancing activity plunges Celia Chen, senior director of housing economics at Moody’s.
· The refinance share of mortgage activity increased to 50.2 percent of total applications from 49.8 percent the previous week. The adjustable-rate mortgage (“ARM”) share of activity decreased to 6.1 percent of total applications. The FHA share of total applications increased to 9.4 percent from 8.9 percent the week prior.
The refinance share of mortgage activity rose to 45.8% of total applications, increasing from 42.7% the previous week. This is the highest.
one of the nation’s largest mortgage lenders, the volume of loan applications Wednesday was double what it was any day last week, said Bob Walters, chief economist for the Detroit-based lender. Most.
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The refinance share of mortgage activity increased to 47.4% of total applications, up from 40.4% the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 9.5% of total.
U.S. mortgage applications edged up last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months. Last month. bookmark_border. share.. propping up mortgage application activity in a holiday shortened week. The Mortgage Bankers. Last month. bookmark_border. share.