Weekly Mortgage Market Index Up, Govt Up Most
DALLAS -- (Aug. 13, 2018) After retreating for three consecutive weeks, new mortgage business turned higher. Government business surged, and government share widened. The jumbo-conforming spread was trimmed.
ARMs Lead Weekly Mortgage Market Index Lower
DALLAS -- (Aug. 6, 2018) As new mortgage business fell last week -- government-insured share sank to the most narrow level since last year, the jumbo-conforming spread thinned, and demand for adjustable-rate mortgages tumbled most.
Seroka to Moderate Marketing Technology Panel at Lenders OneŽ Summer Conference
BROOKFIELD, Wisconsin -- (July 31, 2018) Seroka Brand Development, a certified brand development, digital and strategic communications agency, announced today that John Seroka, Principal and Brand Strategist, will moderate a panel discussion at the Lenders One Summer Conference in Salt Lake City, Utah.
Rate-Term Refis Lead Mortgage Market Index Down
DALLAS -- (July 31, 2018) The mild wave of recent rate-term refinances has retreated to the lowest level in at least nearly a decade -- leading overall new mortgage business lower. Loan share for veterans was the thinnest it's been in 12 months.
Purchases Lead Weekly Mortgage Market Index Up
DALLAS -- (July 16, 2018) New mortgage activity picked up from the holiday week, with home-purchase financing leading the way. But the cashout share of business diminished to the most narrow level since last year.
Mortgage Market Index Lowest Since Holidays
DALLAS -- (July 9, 2018) As Americans celebrated the 242nd birthday of the United States, new mortgage business sank to the lowest level since the holidays. Adjustable-rate volume took the biggest hit. But jumbo activity accelerated.
Rate-Term Refis Sink in Mortgage Market Index Report
DALLAS -- (July 2, 2018) Prospective rate-term refinance business descended to the lowest level in at least six years. Still, overall refinance activity moved higher even as purchase-money activity was lighter.
ARMs Biz Up as Mortgage Market Index Down
DALLAS -- (June 25, 2018) Adjustable-rate mortgage business climbed as ARMs accounted for one-in-five new transactions. But weekly fixed-rate business was lower. The jumbo-conforming spread widened, and government activity sank.
Escalation for Weekly Mortgage Market Index
DALLAS -- (June 18, 2018) Data that provides a peek into potential production came in strong this past week. Refinance business saw an improvement that was double that of purchase-money activity.
Mortgage Business Still Stuck in Holiday Slump
DALLAS -- (June 11, 2018) The mortgage market has failed to recover from the slump in new mortgage business that accompanied the holiday week. But government and purchase business were both better.