Rising Rates Restrain Weekly Mortgage Market Index
DALLAS -- (Sep. 22, 2014) New mortgage activity crept higher this past week and might have been even more robust were it not for an increase in interest rates.
Mortgage Market Index Bounces Back from Holiday
DALLAS -- (Sep. 15, 2014) New mortgage activity increased from the holiday week and would have risen more if it weren't for refinance and conventional business. Fixed rates are likely to be higher in the next report.
Banks Drive Down Mortgage Employment Index
DALLAS -- (Sept. 15, 2014) Mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks, though jobs moved up at credit unions and non-banks.
Mortgage Market Index Down in Holiday Week
DALLAS -- (Sep. 8, 2014) With refinances leading the way, new mortgage activity slowed during the holiday week. Jumbo business was the best performer.
FHA Leads Weekly Mortgage Market Index Down
DALLAS -- (Sep. 2, 2014) An improvement in interest rates was overcome by the holiday effect, and new mortgage business slowed. Government-insured activity tumbled the most.
Jumbo Rates Rise in Weekly Mortgage Market Index
DALLAS -- (Aug. 25, 2014) After hovering below conforming interest rates for more than four months, rates on jumbo mortgages leapt past conforming rates. Still, new jumbo business moved up more than any other category.
Biggest Mortgage Lenders in Q2 2014
DALLAS -- (Aug. 19, 2014) Home lenders saw a healthy quarter-over-quarter increase in mortgage production -- with some companies making bigger gains than others. There was jockeying for position among the top-10 players.
Falling Rates Fail to Lift Mortgage Market Index
DALLAS -- (Aug. 18, 2014) Even as fixed mortgage rates dipped below 4.5 percent, a resurgence remained illusive. Adjustable-rate mortgages delivered the weakest performance.
Lower Rates Push Weekly Mortgage Market Index Up
DALLAS -- (Aug. 11, 2014) Prompted by declining rates -- refinances and adjustable-rate mortgages led an increase in weekly mortgage activity. Purchase financing, however, didn't fare quite so well.
Rates Restrain Weekly Mortgage Market Index
DALLAS -- (Aug. 4, 2014) Deterioration in fixed rates helped keep new mortgage activity from improving last week. Jumbo business was the worst performer as jumbo rates lost some of their edge.