Weekly Mortgage Market Index Up, Jumbo Leads
DALLAS -- (Nov. 23, 2015) Following the holiday week, jumbo mortgages led an improvement in overall business. And while interest rates on home loans dipped, jumbo rates tumbled.
Weekly Mortgage Market Index Down Again, Jumbo Sinks
DALLAS -- (Nov. 16, 2015) For the second week in a row, new mortgage business was slower -- and jumbo activity took the biggest beating. Adjustable-rate activity, however, jumped.
Jumbo Leads Weekly Mortgage Market Index Down
DALLAS -- (Nov. 9, 2015) Just as fast as it rose, weekly jumbo mortgage business reversed course -- leading overall new mortgage activity lower this past week.
Jumbo Surge in Weekly Mortgage Market Index
DALLAS -- (Nov. 2, 2015) A doubling of new jumbo business and a solid gain in purchases more than offset weakness in other categories of weekly mortgage activity.
Mortgage Market Index Down Despite Rate Improvement
DALLAS -- (Oct. 26, 2015) Fixed rates retreated on residential loans. But that wasn't enough to generate an improvement in new weekly mortgage activity.
Weekly Mortgage Market Index Off In Holiday Week
DALLAS -- (Oct. 19, 2015) A holiday week and an increase in interest rates helped pull down overall new mortgage activity during the latest seven-day period. Jumbo business took the biggest hit.
Weekly Mortgage Market Index Up Slightly on Rates
DALLAS -- (Oct. 12, 2015) A third consecutive week of rate declines helped nudge up new mortgage activity for the second week in a row. Refinance business moved up the most.
Weekly Mortgage Market Index Inches Up, ARMs Jump
DALLAS -- (Oct. 5, 2015) As interest rates inched lower this past week, overall new mortgage activity inched higher. The increase in activity, however, was more substantial for adjustable-rate mortgages.
Growing Firms Drive Up Q2 Mortgage Employment
DALLAS -- (Oct. 5, 2015) Quarterly mortgage staffing has expanded, with growing players fueling the increase. Many job losses were concentrated in the East.
Weekly Mortgage Market Index Slips But Refis Surge
DALLAS -- (Sept. 28, 2015) An improvement in interest rates on home loans prompted a rush of refinance activity, though overall weekly mortgage business slipped.