Mortgage Bankers Association
Mortgage loan rates rose last week as demand for U.S. Treasury notes slipped and yields rose. Applications for new mortgages were flat and refinancings also dipped week over week.
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Adjusted to account for the Labor Day holiday, mortgage applications increased by 2% last week. Loan rates were flat for the week, but have taken a turn higher so far this week.
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Applications for new mortgage loans dipped last week even though mortgage loan rates remained at 21-month lows.
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Mortgage loan rate changes were mixed last week and applications for new mortgages remained flat. Refinancings have reached their highest level in nearly three years.
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Mortgage loan rates reached new three-year lows last week as demand for U.S. Treasuries drove down yields and lowering mortgage lending rates.
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Mortgage loan rates have plummeted following China's surprise currency devaluation. Refinance applications have jumped.
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Applications for new mortgage loans slipped a bit last week while rates on the most popular mortgages remained steady at just over 4%.
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Mortgage loan rates decreased slightly last week, but the drop had no positive effect on the number of new mortgage loan applications which also dipped slightly.
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Mortgage loan rates rose last week as yields on U.S. Treasuries rose following Fed chair Jerome Powell's comments on cutting the federal funds rate.
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Adjusted to account for the Fourth of July holiday, new mortgage applications dropped by 2.4% last week while mortgage interest rates mostly made small adjustments.
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Mortgage loan rates made small moves last week while applications for new mortgages were essentially flat with the prior week.
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Applications for new mortgages rose slightly last week even though mortgage loan rates on a 30-year conventional loan have fallen to levels not seen since September 2017.
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Slightly higher mortgage loan rates last week led to reduced activity in the market for refinancing according to data released Wednesday by the Mortgage Bankers Association.
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Applications for new mortgages jumped last week as interest rates dropped even further. Demand for refinancings accounted for nearly half of all new mortgages.
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Mortgage rates fell last week and the drop has continued on into this week. New applications for loans also increased, but the rise was modest due to the Memorial Day holiday.
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