MBA: Mortgage applications fall again, decrease 1.3%

Meanwhile, the nation’s MBA mortgage applications rose to its highest level since September 2016 by 1.3% in the week ended 21 June 2019, following a decrease of 3.4% in the previous week.

The Mortgage Bankers Association (MBA) reported on Wednesday the mortgage application volume in the U.S. fell 1.1 percent in the week ended July 12, following a 2.4 percent decrease in the previous week. According to the report, applications to purchase a home dropped 3.8 percent, while refinance applications rose 1.5 percent.

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MBA: Mortgage Applications Fall Again, Decrease 1.3% Posted on November 12, 2015 by marshfieldmatters The 30-year, FRM reaches new high Brena Swanson, November 11, 2015, mortgage applications dropped 1.3% from one weekearlier, according to the Mortgage Bankers Association’sWeekly Mortgage Applications Survey for the week.

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This is the fourth-straight weekly decrease for this rate. chief economist for the MBA. “Despite the fall in rates, mortgage application activity was likely muted by the major East Coast snowstorm,

U.S. Pending home sales fall Again by Carol Stone, CBE September 27, 2018. The National Association of Realtors (NAR) reported that pending sales of existing homes fell again in August, dropping 1.8% after July’s 0.8% decrease, revised from -0.7%.

Mortgage Rates Fall Again The 30-year fixed-rate loan down to 4.51%. Freddie Mac (OTCQB: FMCC) today reported that its Primary Mortgage Market Survey showed that the new year started with lower.

Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than a year ago, largely because lower mortgage rates are strengthening the refinance market.

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The rapid increase in mortgage rates the past month put a damper on mortgage applications and mortgage refinance activity. The Mortgage Bankers Association (MBA) released its latest report on mortgage applications Wednesday morning. It noted a week-over-week increase of 1.3% in the group’s seasonally adjusted composite.