Refinancing

Mortgage Applications Today: New Home Loan Applications Edge Up 0.2% as Refinancing Drops

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Mortgage Applications Today: New Home Loan Applications Edge Up 0.2% as Refinancing Drops

Mortgage applications slightly increased 0.2% for the week ending Nov. 21, according to the Mortgage Bankers Association (MBA). It’s a tick up from a week ago when new home loan demand decreased 5.2%. Meanwhile, the refinance share of mortgage activity decreased to 53.4% of total applications from 55.4% the previous week. The adjustable-rate mortgage (ARM) … Read more

Mortgage Applications Today: New Home Loans and Refinancing Slows Despite Lower Rates For Now

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Couple house-hunting with Realtor

Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA). It’s an about-face from the week prior when home loans saw a 7.1% increase. This comes as mortgage interest rates dipped to 6.17% for the week ending Oct. 30, according to Freddie Mac. That’s the fourth straight week of … Read more