FHA Loan Articles

Mortgage applications drop for second consecutive week

According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012, mortgage applications decreased 2.7 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.

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Hybrid adjustable rate mortgages held steady for the most part. The five-year ARM average was unchanged at 2.96 percent, with an average 0.3 point, only the second. percent a week ago. “Fixed.

Mortgage rates fell for the second straight week for the week ending April 5, according to the Primary Mortgage Market Survey released by Freddie Mac.

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Another drop in applications for mortgages — the second in as many weeks. The Mortgage Bankers Association (MBA) reports mortgage applications were down 4.8% in the week ending February 26 from.

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For the second time in as many weeks, applications for mortgages have moved lower. According to the weekly survey conducted by the Mortgage Bankers Association , applications were down 2.3% in the.

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Mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to 4.42% from 4.46%, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For the week ended April 26, applications for.

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Mortgage Application Activity Down for Third Consecutive Week. The adjusted Purchase Index has declined an aggregate of 9 percentage points over the last three weeks, reflecting the recent softening of both new and existing home sales. The unadjusted Purchase Index remains 1 percent higher than during the same week in 2017.

Mortgage applications decreased for the second consecutive week, falling 1.9% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 6, 2018. On an unadjusted basis, the index decreased 1% from last week. The Refinance Index fell 2% from the previous week.

(Reuters) – U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time. according to the Mortgage Bankers Association. The drop in mortgage rates had spurred.

This week mortgage applications decreased 0.2% compared to a week ago, while mortgage rates also decreased slightly compared to a week earlier, according to Freddie Mac. 30-year fixed-rate.