Refis Drive up Weekly Mortgage Market Index
DALLAS -- (Sept. 18, 2017) Driven primarily by refinances, weekly new mortgage business moved up from the holiday week. The share of adjustable-rate mortgage activity reached the highest level in 20 months.
Yr-Over-Yr Drop in Weekly Mortgage Market Index
DALLAS -- (Sept. 11, 2017) The holiday week took a toll on new mortgage business, with adjustable-rate mortgage activity erasing prior-week gains. Jumbo business was the only category to rise.
ARMs Defy Drop in Weekly Mortgage Market Index
DALLAS -- (Sept. 5, 2017) Heading into Labor Day, new home-lending business turned mildly lower. That wasn't the case, however, for adjustable-rate mortgage activity.
Weekly Mortgage Market Index Rises, Gov Leads
New home-lending activity turned solidly higher this past week, and it was government mortgage programs that saw the biggest week-over-week gain.
Purchases Again Drive Down Mortgage Market Index
DALLAS -- (Aug. 21, 2017) For the third week in a row, an increase in cashout-driven refinance activity has been more than offset by deterioration in the volume of purchase financing activity.
Purchase Financing Pulls Down Mortgage Market Index
DALLAS -- (Aug. 14, 2017) Although purchase financing drove down overall new mortgage business this past week, an increase was recorded for refinances and jumbo loans as adjustable-rate mortgage activity surged.
Purchases Drop, Refis Up in Mortgage Market Index
DALLAS -- (Aug. 7, 2017) Weekly mortgage business maintained the pace of the previous seven-day period. Increased refinance activity was offset by lower demand for loans to finance a residential property purchase.
Q1 Mortgage Daily Mortgage Employment Index Drops
DALLAS -- (Aug. 7, 2017) Compared to a year earlier, employment in the mortgage industry has expanded. But as quarter-over-quarter headcount was down, some signs point to an increase in layoffs for the sector.
Weekly Mortgage Market Index Climbs on Purchases
DALLAS -- (July 31, 2017) New mortgage activity was driven higher by home purchase financing this past week. Also significantly improving was government business, which has expanded by nearly a fifth from a year ago.
Mortgage Daily Q1 2017 Biggest Lender Ranking
DALLAS -- (July 31, 2017) As home lending slowed in the first quarter of this year, credit unions took market share from non-bank originators. Just 10 lenders were responsible for nearly half of overall originations.