Weekly Mortgage Market Index Leaps, Jumbo Soars
DALLAS -- (May 22, 2017) New mortgage business took a giant leap following Mothers Day. Although jumbo rates deteriorated, new jumbo activity doubled during the latest seven-day period.
Weekly Mortgage Market Index Down Ahead of Moms Day
DALLAS -- (May 15, 2017) As originators of residential loans headed into the Mothers Day weekend, new business turned lower. The decline was similar among all types of mortgages.
Weekly Mortgage Market Index Up, Jumbo Strong
DALLAS -- (May 8, 2017) Interest rates on jumbo mortgages went from being less than their conforming counterparts to more last week. Still, new jumbo business accelerated.
Weekly Mortgage Market Index Down On Refis
DALLAS -- (May 1, 2017) New mortgage refinance activity tumbled this past week, dragging down overall home-lending activity. Government lending business, though, held up.
Purchases Lead Weekly Mortgage Market Index Up
DALLAS -- (April 24, 2017) A modest weekly increase in new mortgage business was led by loans to finance a home purchase. As rates retreated, adjustable-rate activity turned sharply lower.
Weekly Mortgage Market Off as ARMs, Jumbos Soar
DALLAS -- (April 17, 2017) While there was a modest retreat in the volume of overall new weekly mortgage activity, an increase was recorded for jumbo and adjustable-rate mortgage business.
Weekly Mortgage Market Index Up on Purchases
DALLAS -- (April 10, 2017) A healthy increase in new purchase-money financing drove up new weekly home-lending activity. Government and jumbo mortgage business soared.
2016 Mortgage Daily Mortgage Employment Index Up
DALLAS -- (April 10, 2017) During all of last year, staffing in the mortgage industry expanded -- though rising interest rates are likely to reverse recent gains. California experienced the biggest quarterly gain.
Weekly Mortgage Market Index Down Again
DALLAS -- (April 3, 2017) New mortgage activity was depressed over the past week, and it was purchase-money business that was out front of the decline. Adjustable-rate activity, though, ascended.
Mortgage Daily 2016 Biggest Lender Ranking
DALLAS -- (April 3, 2017) Although quarterly mortgage originations dipped from the previous period, there was an increase in annual volume. There was some jockeying for position among the nation's 10-largest lenders.