Weekly Mortgage Market Index Declines
DALLAS -- (June 20, 2016) Declining interest rates helped drive up refinance activity but weren't enough to lift the level of purchase financing. Government-insured business took a big hit.
Weekly Mortgage Market Index Rises to 5-Week High
DALLAS -- (June 13, 2016) A retreat in interest rates on home loans had more loan originators locking in mortgage rates, with government-insured and purchase activity driving the gains.
Weekly Mortgage Market Index Down in Holiday Week
DALLAS -- (June 6, 2016) New mortgage business moved lower in the holiday week, with adjustable-rate mortgages leading the drop. Jumbo activity, however, was stronger.
Weekly Mortgage Market Index Off as Rates Up
DALLAS -- (May 31, 2016) Interest rates on residential loans migrated solidly north this past week, driving down demand for home-loan refinances as well as for overall new mortgage activity.
Weekly Mortgage Market Index Dips, ARMs Up
DALLAS -- (May 23, 2016) As new adjustable-rate and government-insured business moved higher, jumbo activity retreated. Overall mortgage business, however, was little changed.
Weekly Mortgage Market Index Down Despite Rate Drop
DALLAS -- (May 16, 2016) Originators weren't quite as busy in the week that included Mothers Day even though mortgage rates were lower.
Weekly Mortgage Market Index Jumps to 1-Year High
DALLAS -- (May 9, 2016) As falling interest rates drove up refinance and jumbo business, overall new mortgage activity soared to the highest level in more than a year.
Weekly Mortgage Market Index Down on Refinances
DALLAS -- (May 2, 2016) New refinance business took a dive this past week, driving down overall new mortgage activity in the process. Adjustable-rate mortgage activity ascended, though.
Weekly Mortgage Market Index Creeps Up, FHA Jumps
DALLAS -- (April 25, 2016) Weekly mortgage activity edged higher as demand for government-insured products strengthened. Government activity soared by more than half from a year ago.
Weekly Mortgage Market Index Off, Jumbo Surges
DALLAS -- (April 18, 2016) Even though jumbo business leapt and was up for the third consecutive week, overall new mortgage activity turned lower last week.