Mortgage Market Index Rebounds from Holiday
DALLAS -- (July 14, 2014) New mortgage business rebounded following Independence Day, and it was inquiries for adjustable-rate mortgages and refinances that had the biggest bounce.
Mortgage Market Index Tumbles in Holiday Week
DALLAS -- (July 7, 2014) As loan originators wound down activity going into the fourth of July, refinances took the biggest hit. Also putting a damper on business were slightly higher interest rates.
Refis Moderate Drop in Weekly Mortgage Market Index
DALLAS -- (June 30, 2014) Overall mortgage business was mostly flat ahead of the holiday week as an up tick in refinance activity offset a drop in most other categories. Mortgage rates improved, with jumbo rates seeing the biggest reduction.
Weekly Mortgage Market Index Dips, ARMs Lead Drop
DALLAS -- (June 23, 2014) While mortgage activity was little changed this past week, the number of prospective borrowers seeking adjustable rate mortgages moved lower.
Weekly Mortgage Market Index Slips
DALLAS -- (June 16, 2014) Loan originators were slightly less busy last week, with adjustable-rate activity taking the biggest hit. Also downshifting was jumbo and refinance business.
FHA Activity Leads Rebound in Mortgage Market Index
DALLAS -- (June 9, 2014) As new mortgage activity recovered from the holiday week, product & pricing inquiries for government-insured home loans took a leap.
Job Losses Ease in Q1 Mortgage Employment Index
DALLAS -- (June 9, 2014) Job contraction in the mortgage industry slowed during the first three months of 2014. Total headcount in the mortgage business is estimated at more than 800,000.
Weekly Mortgage Market Index Takes Hit in Holiday Week
DALLAS -- (June 2, 2014) Mortgage activity declined in the holiday week, and government-insured business suffered the greatest loss. Mortgage rates dropped again, and jumbo rates remain less than conforming rates.
Weekly Mortgage Market Index Slips, Jumbo Rates Better
DALLAS -- (May 27, 2014) Loan originators downshifted heading into the holiday weekend, with conventional activity taking the biggest hit. The already negative jumbo-conforming spread widened further.
Refis Up for 3rd Week in Mortgage Market Index
DALLAS -- (May 19, 2014) For the third week in a row, refinance activity has strengthened as interest rates on home loans have moved lower. Jumbo mortgage rates, meanwhile, fell further below conforming rates.