Mortgage Applications Drop As Rates Reach Three-Month High Point
Purchase apps still 13% higher than a year ago, despite latest weekly slide
Tagged: adjustable-rate mortgage (ARM)
Refinance Activity Up 106% From Last Year MBA Reports
As mortgage rates tick down, refinances tick up
Mortgage Applications Inch Upwards
Applications increased 0.1% from one week earlier, per MBA data.
Survey Reveals ARM Borrowers Regret Decision
Financial strain looms for borrowers who made a choice to go with an ARM.
Financial Profile Of ARMs Borrowers Reduces Risk Of Housing Crash
Zillow says today's ARM borrowers have higher incomes, place larger down payments.
July 2022 Funded Mortgage Volume Decreased 53% From 2021
Curinos’ latest ‘Mortgage Hot Topics’ data, released on August 4, revealed that funded volume in the retail channel was down 57%.
Escalating Mortgage Rates Creating An ARMs Race
With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.