Weekly Mortgage Market Index Up as ARMs, Jumbos Surge
DALLAS -- (July 5, 2015) New mortgage activity ascended last week, and a surge in adjustable-rate and jumbo business led the improvement.
Weekly Mortgage Market Index Up, Refis Rise Most
DALLAS -- (June 29, 2015) New mortgage activity moved higher over the past week, and refinance transactions were out front of the ascension.
Weekly Mortgage Market Index Drops Led by FHA
DALLAS -- (June 22, 2015) Interest rates on home loans improved, but apparently not enough to drive up new mortgage business. Government-insured activity led the decline, while jumbo business inched higher.
Weekly Mortgage Market Index Down on Rising Rates
DALLAS -- (June 15, 2015) Refinances led weekly mortgage activity lower as fixed interest rates on residential loans made a move higher.
FHA Leads Weekly Mortgage Market Index Up
DALLAS -- (June 8, 2015) Weekly mortgage activity bounced back from the holiday week, and it was government-insured loans and purchase financing that led the rebound.
Biggest Mortgage Lenders and Servicers
DALLAS -- (June 8, 2015) Most of the 10-largest home lenders improved on their quarterly loan originations. But among the 10-biggest servicers, half saw their portfolios diminish.
Holiday Retreat for Weekly Mortgage Market Index
DALLAS -- (June 1, 2015) New mortgage activity slowed as expected during the holiday week, and it was government-insured and jumbo business that led the decline.
Mortgage Market Index Drops 5th Consecutive Week
DALLAS -- (May 22, 2015) For the fifth consecutive week, new mortgage activity came up short of prior-week business. Last week, the decline was aided by reduced inquiries for adjustable-rate mortgages and jumbo loans.
The State of Mortgage Lending
DALLAS -- (May 21, 2015) Although mortgage originations stand near the weakest level since the crisis, distressed loan ratios have significantly strengthened, according to data collected and reported by Mortgage Daily, a leading source of mortgage news and statistics.
ARMs, Refis Defy Decline in Mortgage Market Index
DALLAS -- (May 15, 2015) Last week's new mortgage activity failed to surpass business in the prior week, though activity with adjustable-rate mortgages and refinances grew.