Weekly Mortgage Market Index Up Slightly on Rates
DALLAS -- (Oct. 12, 2015) A third consecutive week of rate declines helped nudge up new mortgage activity for the second week in a row. Refinance business moved up the most.
Weekly Mortgage Market Index Inches Up, ARMs Jump
DALLAS -- (Oct. 5, 2015) As interest rates inched lower this past week, overall new mortgage activity inched higher. The increase in activity, however, was more substantial for adjustable-rate mortgages.
Growing Firms Drive Up Q2 Mortgage Employment
DALLAS -- (Oct. 5, 2015) Quarterly mortgage staffing has expanded, with growing players fueling the increase. Many job losses were concentrated in the East.
Weekly Mortgage Market Index Slips But Refis Surge
DALLAS -- (Sept. 28, 2015) An improvement in interest rates on home loans prompted a rush of refinance activity, though overall weekly mortgage business slipped.
Mortgage Market Index Up Led by Jumbo, Purchase
DALLAS -- (Sept. 21, 2015) New mortgage activity moved higher following the holiday week, with jumbo business up by nearly half and purchase financing climbing nearly a third.
Mortgage Market Index Holds Up in Holiday Week
DALLAS -- (Sept. 14, 2015) Although government-insured and jumbo business took a hit during the holiday week, overall activity held up thanks to a surge in cashout refinances and a bump in adjustable-rate volume.
Biggest Mortgage Lenders and Servicers in Q2
DALLAS -- (Sept. 14, 2015) Home lenders managed to lift quarterly production by more than a fifth as Wells Fargo maintained a tight grip on its top ranking.
Mortgage Market Index Down on Rising Rates
DALLAS -- (Sept. 8, 2015) Increasing rates on home loans drove down weekly refinance activity, helping to suppress overall mortgage activity ahead of the holiday week.
Mortgage Market Index Surges on Falling Rates
DALLAS -- (Aug. 31, 2015) As mortgage rates plunged this past week, jumbo loan and adjustable-rate mortgage activity shot up -- helping to drive up overall business.
Jumbo Leads Drop in Weekly Mortgage Market Index
DALLAS -- (Aug. 24, 2015) The jumbo-conforming spread significantly improved but didn't slow the more than one-half drop in jumbo business. An overall rate decline also didn't help overall activity. Adjustable-rate and cashout-refinance business, however, jumped.