Gov, Refis Jump as Mortgage Market Index Holds
DALLAS -- (Dec. 18, 2018) Although there was little week-over-week change in the U.S. Mortgage Market Index from Mortgage Daily, rate-term refinance share was wider than it's been in nearly a year, and FHA share was was at an eight-month high.
Rowan Alum, Kevin Crichton of E Mortgage Management Presented as Guest Speaker During the "Coffee with an Entrepreneur" Event at Rowan University
Cherry Hill, New Jersey -- (Dec. 11, 2018) Kevin Crichton, President and Chief Operating Officer of E Mortgage Management, LLC (EMM) recently presented as guest speaker during a "Coffee with an Entrepreneur" event held at Rowan University to over 35 students.
Borrowers Rush to Refi as Rate Retreat, Mortgage Market Index Up
DALLAS -- (Dec. 11, 2018) A sudden drop in interest rates last week had existing mortgage borrowers rushing to lock in rates for a refinance -- driving up the U.S. Mortgage Market Index from Mortgage Daily in the process.
Mortgage Market Index Rebounds from Holiday
DALLAS -- (Dec. 6, 2018) A modest rebound from the holiday week lifted the weekly U.S. Mortgage Market Index from Mortgage Daily. A seven-month high was recorded for FHA share.
Mortgage Market Index Sinks to 2018 Low
DALLAS -- (Nov. 27, 2018) A long holiday weekend drove down the U.S. Mortgage Market Index from Mortgage Daily to the lowest level since last year. Veterans mortgage share was more broad than any week on record.
Mortgage Market Index Drops, Jumbo Dives
DALLAS -- (Nov. 20, 2018) The weekly U.S. Mortgage Market Index from Mortgage Daily fell to a four-month low. Despite a sharp improvement in jumbo rates, rate locks for jumbo loans led new business lower.
Purchases Strong in Weekly Mortgage Market Index
DALLAS -- (Nov. 12, 2018) A strong showing for purchase-money transactions was behind a broad-based week-over-week escalation in the U.S. Mortgage Market Index report.
Drop in Purchases Pulls Down Mortgage Market Index
DALLAS -- (Oct. 29, 2018) An exact reversal of last week had an increase in new refinance business being more than offset by a decline in purchase-money business. Adjustable-rate activity soared.
Weekly Mortgage Market Index Down on Refis
DALLAS -- (Oct. 22, 2018) A nice up tick in purchase financing activity was wiped out by a weekly decrease in refinance business. Similarly, an increase in government volume was more than offset by a drop in conventional activity.