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Application volume is flat as refinance activity slows

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Mortgage Application Volume Sinks 34.1% Since 2009: MBA – The volume of applications submitted for refinance ticked up 0.6% after rising 1.3% last week. The refinance share of mortgage application activity ticked up to 78.1%, from 78% last week.

“I think bond yields and mortgage rates will consolidate ahead of the Fed meeting on June 19th, so mortgage rates will be.

Mortgage application volume rises again on refinance activity. Refinances drove mortgage applications up for the second week as mortgage rates remained low, and overall application volume was at the highest level since June 2013 last week, according to the weekly Mortgage bankers association (mba) applications survey released today.

Mortgage applications in the United states rose 2.4 percent in the week ended May 17th 2019, rebounding from a 0.6 percent decline in the previous week, data from the Mortgage Bankers association showed. refinance applications increased 8.3 percent while applications to purchase a home dropped 2.0 percent.

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Uncertainty keeping mortgage rates low: Freddie Mac Mortgage rates have been in a prolonged swoon, but it may be coming to an end. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate. government shutdown had stoked.

Refinance mortgage applications were at a 31-week low, and gross mortgage applications volume took a double-digit dive last week compared to one week ago, according to the Mortgage Banker’s.

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Hourly wages were flat. of total loan application volume – surged 25.5 percent from the previous week. The refinance index grew 24 percent, while the purchase index jumped 27 percent. The refinance.

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Global Concerns Slow Mortgage Apps, Even With Lower Rates.. , a measure of application volume, fell lost another 3.7 percent on a seasonally adjusted basis during the week ended February 8.

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FHFA’s second quarter Refinance Report also shows that more than 9,700 loans were refinanced through the Home Affordable Refinance Program, bringing the total number of HARP refinances to 3,470,804 since inception of the program in 2009.

Rising Interest Rates Slow Mortgage Applications in the U.S.. a measure of mortgage loan application volume, decreased 6.6 percent on a seasonally adjusted basis from one week earlier.. The refinance share of mortgage activity decreased to its lowest level since July 2017, 44.4 percent of.

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Mortgage Application Activity and Rates Nearly Flat in Latest MBA Weekly Survey. a measure of mortgage loan application volume, decreased 0.2 percent on a seasonally adjusted basis from one.

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