Weekly mortgage applications sink 4.9% as homebuyers pull back

Mortgage apps drop despite rate drop  21 Hours Ago | 01:13 Something spooked homebuyers last week, and it wasn’t interest rates, because they fell. Even refinancers retrenched. Total mortgage application volume dropped 4.9 percent from the previous week, according to the Mortgage Bankers Association. Applications are now 8 percent lower than […]

Mortgage applications leap nearly 10% on lowest rates in almost a year

Mortgage applications leap nearly 10%  2 Hours Ago | 00:53 Homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving total mortgage application volume 9.9 percent higher last week. The Mortgage Bankers Association’s seasonally adjusted weekly index is still 19 percent lower than the same week […]

Lowest mortgage rates in a month barely boost weekly applications, up 0.4%

Mortgage rates moved decidedly lower last week, but neither homebuyers nor homeowners were particularly impressed. Total mortgage application volume rose just 0.4 percent seasonally adjusted compared with the previous week, according to the Mortgage Bankers Association. Volume is down 22 percent compared with the same week one year ago, due […]