Lowest mortgage rates in months create surge in applicationsMortgage rates have decreased significantly, leading to an uptick in refinance activity and purchase applications ahead of the spring homebuying season.
Mortgage demand sees slight uptick as rates trend downMortgage demand increased by 1.6% last week due to lowered mortgage rates, indicating a positive shift in borrowing activity.
Mortgage applications jump 6.3% as rates level offMortgage applications increased by 6.3% due to stronger purchase loan demand, indicating resilience in the market amidst rising mortgage rates.
Higher mortgage rates are pumping the brakes on refinance activityRefinance volume increased 27% in 2024, yet remains significantly lower than historic highs from 2021.
Lowest mortgage rates in months create surge in applicationsMortgage rates have decreased significantly, leading to an uptick in refinance activity and purchase applications ahead of the spring homebuying season.
Mortgage demand sees slight uptick as rates trend downMortgage demand increased by 1.6% last week due to lowered mortgage rates, indicating a positive shift in borrowing activity.
Mortgage applications jump 6.3% as rates level offMortgage applications increased by 6.3% due to stronger purchase loan demand, indicating resilience in the market amidst rising mortgage rates.
Higher mortgage rates are pumping the brakes on refinance activityRefinance volume increased 27% in 2024, yet remains significantly lower than historic highs from 2021.
Mortgage applications drop over MLK holiday, inauguration weekMortgage application volume has dropped significantly, affected by declining refinance activity amid stable mortgage rates.
Mortgage demand is up 5.4% as interest rates ramp downMortgage applications rose 5.4%, primarily due to increased refinance activity and persistent housing demand, signaling potential optimism for lenders.
Mortgage demand falls as interest rates increaseMortgage applications declined 0.7% last week, ending a five-week increase, largely due to rising mortgage rates and decreased refinance activity.
Refi business is picking up on falling mortgage ratesMortgage applications surged by 15.6% from the previous week, driven by a strong increase in both refinance and purchase activities amidst lower mortgage rates.
Mortgage applications dropped as rates moved higher last week: MBAMortgage applications fell by 2.6% due to rising rates, with purchase applications declining 3% weekly and 12% yearly, while refinance applications were down 2% weekly but up 29% yearly.Mortgage rates for 30-year conventional loans rose to 7.12%, and for 15-year conventional loans to 6.96%, with a forecast for potential rate cuts from the Fed despite rates exceeding 7%.
Mortgage demand is up 5.4% as interest rates ramp downMortgage applications rose 5.4%, primarily due to increased refinance activity and persistent housing demand, signaling potential optimism for lenders.
Mortgage demand falls as interest rates increaseMortgage applications declined 0.7% last week, ending a five-week increase, largely due to rising mortgage rates and decreased refinance activity.
Refi business is picking up on falling mortgage ratesMortgage applications surged by 15.6% from the previous week, driven by a strong increase in both refinance and purchase activities amidst lower mortgage rates.
Mortgage applications dropped as rates moved higher last week: MBAMortgage applications fell by 2.6% due to rising rates, with purchase applications declining 3% weekly and 12% yearly, while refinance applications were down 2% weekly but up 29% yearly.Mortgage rates for 30-year conventional loans rose to 7.12%, and for 15-year conventional loans to 6.96%, with a forecast for potential rate cuts from the Fed despite rates exceeding 7%.
UWM sells MSRs, invests in origination to prep for a refi waveUWM Holdings Corp. strategically sells high-coupon MSRs to invest in origination business, differing from competitors who acquire servicing assets at higher rates for refinance opportunities.