Weekly Mortgage Market Index Rises, Jumbo Jumps
DALLAS -- (Dec. 15, 2014) Mortgage activity moved higher this past week, and jumbo mortgage business was out front of the overall acceleration.
Biggest Mortgage Lenders and Mortgage Servicers
DALLAS -- (Dec. 8, 2014) Residential lenders lifted loan originations in the third quarter from the prior period but fell short of their year-earlier levels. There was a new No. 4 lender and No. 4 servicer.
Weekly Mortgage Market Index Rebounds from Holiday
DALLAS -- (Dec. 8, 2014) New mortgage activity came roaring back from the holiday week. Refinances led the week-over-week recovery, while jumbo business has more than quintupled on a year-over-year basis.
Weekly Mortgage Market Index Down in Holiday Week
DALLAS -- (Dec. 1, 2014) Mortgage activity slowed heading into the holiday weekend, though there was an up tick from the same week last year. Jumbo business, however, has nearly tripled from a year earlier, while adjustable-rate activity more than tripled.
Weekly Mortgage Market Index Increases
DALLAS -- (Nov. 24, 2014) New mortgage activity moved minimally higher last week, with government business and adjustable-rate activity increasing the most. Stimulating the market were lower interest rates.
Weekly Rates, Mortgage Market Index Hold
DALLAS -- (Nov. 17, 2014) Mortgage activity and interest rates were little changed this past week, though inquiries for adjustable-rate mortgages softened.
Rising Rates Hurt Weekly Mortgage Market Index
DALLAS -- (Nov. 10, 2014) Residential interest rates have moved up for three consecutive weeks, and loan inquiries for refinances took the biggest hit in the latest report.
Weekly Mortgage Market Index Turns Lower
DALLAS -- (Oct. 27, 2014) With jumbo business leading the way, new mortgage activity tumbled following the spectacular improvement registered the previous week. An increase in jumbo rates outpaced the increase in conforming rates.
Weekly Mortgage Market Index Soars on Refinances
DALLAS -- (Oct. 20, 2014) A sharp decline in mortgage rates sent refinance activity into the stratosphere and pushed overall activity to the highest level in more than a year.
Weekly Mortgage Market Index Jumps on Falling Rates
DALLAS -- (Oct. 13, 2014) New mortgage activity leapt to a five-month high ahead of the Columbus day holiday, and it was refinance business that was out front of the surge.