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.
Weekly Mortgage Market Index Retreats
DALLAS -- (March 27, 2017) With jumbo loans and adjustable-rate mortgages leading the way, new business retreated on a week-over-week basis. But activity moved higher from a year ago.
8-Month High for Mortgage Market Index
DALLAS -- (March 20, 2017) Not only has new mortgage business increased for each of the past four weeks, but the pace of activity now stands at the highest level in eight months.
Mortgage Market Index Up On Purchase Financing
DALLAS -- (March 13, 2017) A sharp week-over-week increase in new purchase financing activity drove overall mortgage business higher this past week. But jumbo activity turned significantly lower.
Purchases Push Up Weekly Mortgage Market Index
DALLAS -- (March 6, 2017) An improvement in new weekly mortgage activity was mostly fueled by a solid increase in purchase financing. Adjustable-rate business soared more than any other category.