Weekly Mortgage Market Index Jumps to 9-Month High
DALLAS -- (Feb. 8, 2016) New mortgage activity leapt to the highest level in nine months as interest rates continued to improve. The impressive gain was fueled by a surge in refinance transactions, though jumbo activity also helped.
Weekly Mortgage Market Index Down, Jumbo Sinks
DALLAS -- (Feb. 1, 2016) New mortgage activity was slower last week, and jumbo business was out front of the deterioration. But government-insured volume managed a slight gain.
Jumbo Leads Lift in Weekly Mortgage Market Index
DALLAS -- (Jan. 25, 2016) Preliminary residential lending activity was busier this past week, and it was the jumbo mortgage sector that was out front of the week-over-week gain.
Q3 Mortgage Employment Index Down, Wisconsin Leads
DALLAS -- (Jan. 25, 2016) Wisconsin led a quarterly contraction in mortgage staffing, though nearby Michigan had a healthy gain.
Refis Drive Up Weekly Mortgage Market Index
DALLAS -- (Jan. 18, 2016) An improvement in the interest rates charged on home loans had existing borrowers rushing to lock in lower rates on prospective refinances.
Mortgage Market Index Bounces Up, Jumbo Leads
DALLAS -- (Jan. 11, 2016) New mortgage activity rebounded from the holiday week, and it was jumbo business that was out front of the gain.
Biggest Mortgage Originators, Servicers Q3 2015
DALLAS -- (Jan. 11, 2016) Mortgage firms saw quarterly volume slow as nonbanks continued to take market share from banks. One bank, however, grew its market share.
ARMs Surge As Mortgage Market Index at Record Low
DALLAS -- (Jan. 4, 2016) During the second week since the Federal Reserve lifted rates, mortgage activity was slower than it's been in at least six years, and adjustable-rate business surged.
Weekly Mortgage Market Index Up From Christmas 2014
DALLAS -- (Dec. 28, 2015) As expected, new loan activity retreated during the week that included Christmas. But business was better than in the same week last year, with government-insured activity seeing the biggest gain.
Weekly Mortgage Market Index Jumps to 7-Month High
DALLAS -- (Dec. 21, 2015) New weekly mortgage activity accelerated to the highest level in more than seven months, and it was jumbo loan business that came in with the biggest gain.