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Mortgage Daily Press Releases


Last Updated February 12, 2018 10:01 AM Central

Mortgage Market Index Up, Record Cashout Share
DALLAS -- (Feb. 12, 2018) New mortgage activity moved higher last week, and refinances saw the biggest gain. Cashouts accounted for a bigger share of business than during any week on record.

Weekly Mortgage Market Index Up, ARMs Soar
DALLAS -- (Feb. 5, 2018) As mortgage activity increased last week, a surge was recorded for adjustable-rate mortgage business -- which leapt to the highest level in more than three years thanks to rising fixed rates.

Mortgage Market Index Down, Record Cashout Share
DALLAS -- (Jan. 22, 2018) With government activity leading the way, new mortgage business turned lower last week. The proportion of people extracting home equity, meanwhile, widened to its broadest share on record.

Refi Share Balloons in Mortgage Market Index Rpt
DALLAS -- (Jan. 15, 2018) As new mortgage business recovered from a holiday slump, the share of activity that was for refinances reached the widest level in more than three years.

Mortgage Market Index Up, Record Cashout Share
DALLAS -- (Jan. 8, 2018) As rising rates have driven down the share of borrowers seeking rate-term refinances to the lowest level in six months, rising home values have driven the share of borrowers seeking cashout loans to a record high.

Record Low for Weekly Mortgage Market Index
DALLAS -- (Jan. 2, 2018) Mortgage business went out with a whimper in 2017, with new activity during the final week -- which included Christmas -- plunging to the lowest level since tracking began. Jumbo activity has doubled over the past year.

Mortgage Market Index Up from Year Earlier
DALLAS -- (Dec. 26, 2017) While new weekly mortgage activity turned lower ahead of Christmas, there was a year-over-year gain. The share of prospective borrowers extracting cashout or opting for an adjustable-rate mortgage continued to grow.

Mortgage Market Index Weakens Ahead of Holidays
DALLAS -- (Dec. 18, 2017) As the heart of the holiday season approaches, new mortgage business is beginning to erode. Government activity was most impacted by the deceleration.

Weekly Mortgage Market Index Jumps, Gov Leads
New mortgage activity turned sharply higher last week. While government-backed programs had the largest gains, rate-term refinance business reached a 10-month high.

Weekly Mortgage Market Index Up from Thanksgiving
DALLAS -- (Dec. 4, 2017) New residential lending activity this past seven days took a big leap from the holiday week. Leading the week-over-week improvement was surging refinance business.


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