Refinances Lead Weekly Mortgage Market Index Up
DALLAS -- (Jan. 17, 2017) A recent decline in mortgage rates has driven up demand from borrowers who missed out on the last refinance opportunity, though home buyers were also busier.
Weekly Mortgage Market Index Bounces Off Record Low
DALLAS -- (Jan. 9, 2017) Just one week after plummeting to an all-time low, the U.S Mortgage Market Index rebounded, although it still remains well below recent norms.
Mortgage Daily Q3 2016 Biggest Lender Ranking
DALLAS -- (Jan. 9, 2017) As the country's mortgage lenders boosted quarterly production, there were some changes among the top-ranked originators and servicers.
Weekly Mortgage Market Index Sinks to Record Low
DALLAS -- (Jan. 3, 2017) A combination of rising interest rates and the holiday season drove the U.S Mortgage Market Index to the lowest level it's been in its seven-year history.
Weekly Mortgage Market Index Sinks in Holiday Week
DALLAS -- (Dec. 27, 2016) Moving into the holiday weekend, new mortgage business turned sharply lower. After surging in the previous report, jumbo lending activity plummeted.
Weekly Mortgage Market Index Down on Refinances
DALLAS -- (Dec. 19, 2016) A deceleration in new mortgage refinance activity more than offset a week-over-week increase in purchase financing. New jumbo business, however, moved solidly higher.
Weekly Mortgage Market Index Rises
DALLAS -- (Dec. 12, 2016) New mortgage activity increased for the second consecutive week likely due to anticipation of a rate hike next week by the Federal Reserve.
Weekly Mortgage Market Index Recovers from Holiday
DALLAS -- (Dec. 5, 2016) As expected, new home-lending activity bounced back from the holiday week. Refinance and adjustable-rate business were the biggest beneficiaries, while jumbo activity took the biggest hit.
Weekly Mortgage Market Index Falls in Holiday Week
DALLAS -- (Nov. 28, 2016) The holiday week had a significantly negative impact on new mortgage activity, though business held up from a year ago. Leading the week-over-week decline was refinance business.
Weekly Mortgage Market Index Down on Rising Rates
DALLAS -- (Nov. 21, 2016) Increasing interest rates on residential loans negatively impacted new weekly mortgage business. But, as is typical in a rising-rate environment, demand for adjustable-rate mortgages strengthened.
Purchases Lead Weekly Mortgage Market Index Up
DALLAS -- (Nov. 14, 2016) Home purchase financing activity drove overall new mortgage activity to the highest level in more than three months. Adjustable-rate activity soared by a quarter.