An update to a little-known law this week is expected to help combat racial discrimination in mortgage lending.
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Category: mortgage applications
MBA: Mortgage apps rise on increase in ARM activity
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
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U.S. Mortgage Demand Rises Ahead of Fed Decision on Rates
Applications are rising despite the 30-year rate being at its highest level in four weeks, industry group says.
The post U.S. Mortgage Demand Rises Ahead of Fed Decision on Rates appeared first on Real Estate News & Insights | realtor.com®.
There Haven’t Been This Few Homebuyers in the Market Since 1996
The onerous combination of high mortgage rates and few homes for sale is keeping homebuyers out of the market.
The post There Haven’t Been This Few Homebuyers in the Market Since 1996 appeared first on Real Estate News & Insights | realtor.com®.
MBA: Mortgage applications rise on lower rates
Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported.
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Mortgage Demand Jumps in Past Week Amid Bank Closures, as Rates Took a Dip
Demand rose for both purchases and refinancing. That pushed the market composite index—a measure of mortgage application volume—up.
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MBA: Mortgage applications rise 7.4% despite increased rates
The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022.
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Mortgage applications decline after rate increase
The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported.
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MBA: Mortgage applications jump on lower rates
The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said.
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Mortgage Demand Falls 9% Despite Rates Falling for Fourth Week in a Row
Mortgage applications fell 9% in the latest week, the Mortgage Bankers Association said.
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