Tagged: 30-year fixed mortgages

Cotality’s analysis highlights how the 30-year fixed-rate mortgage structure has suppressed market turnover and differentiates housing dynamics from global peers

Refis jump almost 60%; ARM share climbs to highest since 2008

Purchase and refinance applications jump; refis account for nearly half of all activity

Though overall applications fell, refis edged higher on lower FHA and VA rates

Mortgage applications slip overall as refinances cool, but loan size hits two-month high

Refi share eases, FHA refinances gain ground while purchase activity holds steady

Refi apps claim largest portion in months as ARMs see 25% spike

Single-family business up more than 10% YoY, with notable increase in refi share

Both purchase and refinance activity fall, despite inventory increases in many areas

Refinance apps slip while purchase apps gain ground; average purchase loan size heads down