Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, fixed-rate mortgages reached record lows, as did the five-year adjustable rate in this survey. The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the five-year adjustable in 2005.Read more

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Aug. 27, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.3 percent compared with the previous week. The Refinance Index increased 2.8 percent from the previous week and is at its highest level since May 1, 2009. The seasonally adjusted Purchase Index increased 1.8 percent from one week earlier.Read more

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, the fixed-rate mortgages reached another low, while the five-year adjustable rate remained tied at its low for this survey. The 30-year fixed-rate mortgage (FRM) averaged 4.36 percent with an average 0.7 point for the week ending Aug. 26, 2010, down from last week when it averaged 4.42 percent. Last year at this time, the 30-year FRM averaged 5.14 percent.Read more

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Aug. 20. The Market Composite Index, a measure of mortgage loan application volume, increased 4.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 4.5 percent compared with the previous week.Read more

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), concluding fixed-rate mortgages reached another low, while the five-year adjustable rate mortgage (ARM) remained tied at its low for this survey. The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the five-year adjustable in 2005.Read more

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Aug. 13, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 13 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 12.4 percent compared with the previous week.Read more

Freddie Mac, in its recently released quarterly Product Transition Report, has found that in the second quarter of 2010, refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. And while 30-year fixed-rate mortgages are still the most preferred product chosen for the new loan, 15-year fixed-rate mortgages gained favor among refinancers who previouslyRead more

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending Aug. 6, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 0.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 0.4 percent compared with the previous week.Read more

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), with the 30-year and 15-year fixed-rate mortgages reaching a record low of 4.49 percent for this survey. The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991. The five-year adjustable-rate mortgage (ARM) also reached its lowest level since Freddie Mac began tracking it in 2005 at 3.63 percent.Read more

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending July 30, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 1.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 1.4 percent compared with the previous week. The Refinance Index increased 1.3 percent from the previous week. The seasonally adjusted Purchase Index increased 1.5 percent from one week earlier.Read more