Tagged: Mortgage Applications

Elevated interest rates and housing market challenges deter potential buyers; ARM applications see a rise as homebuyers weigh options.

MBA weekly index says applications dipped 0.8% from one week earlier.

Rising interest rates and low inventory fuel decline in mortgage applications, with 30-year fixed mortgage rate hitting highest level since 2002.

MBA says drop due to rising rates and declining inventory.

Average purchase loan size surges to a high of $432,700 since May-end amid persistent affordability challenges.

A decline in mortgage rates mostly boosted refinance applications.

MBA's Market Composite Index rose 0.9%, despite interest rates rising above 7%.

MBA says applications down 4.4% last week after 2 straight increases, as the 30-year mortgage rate rose.

Both refinance and purchase applications increased.

Purchase application volume rose while refis continued to fall.