Weekly Mortgage Market Index Off Even As Rates Dip
DALLAS -- (Aug. 22, 2016) Even though there was a modest improvement in rates, new mortgage business slowed this past week. Still, activity was solidly stronger than it was at this point last year.
Weekly Mortgage Market Index Off on Purchases, Conv
DALLAS -- (Aug. 15, 2016) A week-over-week decline in new home-lending activity was driven by purchase and conventional financing, though jumbo business also played a role.
Weekly Mortgage Market Index Climbs, Refis Lead
DALLAS -- (Aug. 8, 2016) As interest rates on residential loans turned lower, new refinance activity surged to the highest level in 17 months -- driving up overall activity in the process.
Weekly Mortgage Market Index Dips on Purchases
DALLAS -- (Aug. 1, 2016) A week-over-week increase in new refinance business wasn't quite enough to offset a decline in purchase activity. Adjustable-rate and jumbo activity accelerated.
Weekly Mortgage Market Index Retreats as Rates Up
DALLAS -- (July 25, 2016) As mortgage rates ascended for the second straight week, new mortgage activity declined -- with refinance business taking a bigger hit than purchase financing.
Mortgage Daily Mortgage Employment Index Q1 2016
DALLAS -- (July 25, 2016) Quarterly hirings in the Motor City helped Michigan secure the biggest gains in mortgage employment, while the nation's biggest home lender was behind the state with the most mortgage job losses.
Weekly Mortgage Market Index Climbs to 15-Mth High
DALLAS -- (July 18, 2016) Although long-term interest rates for residential loans turned slightly higher, new mortgage business soared to the highest level in 15 months. Jumbo activity had the biggest gain.
Weekly Mortgage Market Index Down in Holiday Week
DALLAS -- (July 11, 2016) As was expected, new home-lending activity turned lower during the week that included the July 4th holiday. New jumbo business, however, actually accelerated.
Mortgage Daily Q1 2016 Biggest Lender Ranking
DALLAS -- (July 11, 2016) Two firms moved up a couple notches in the latest ranking of mortgage originators and servicers. The outlook for new lending activity is likely to improve thanks to Brexit.
Weekly Mortgage Market Index Soars on Refinances
DALLAS -- (July 5, 2016) In the first week following the historic Brexit vote, new mortgage refinance activity soared to the highest level in more than four months as rates plunged.