Tag: mortgage bankers association

The MBA’s Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week ...

Purchase applications remain at a 22-year low, according to the MBA

The MBA reports that purchase applications fell another 2.3 percent last week

MBA’s tracking found interest dropped 6.3 percent last week

Following weeks on the decline, the refinance index finally saw a bump up, per the MBA

Following a 5 percent drop in May amid rising rates, interest in purchase loans increased in mid-June

Compared to the month prior, apps were down 4 percent

Applications for purchase mortgages are down 21 percent annually, while refi demand is down 75 percent

Originations are expected to rise despite anticipated slowdown in existing home purchases

Total apps dropped 13.1 percent, while refi apps specifically fell 15 percent