Both purchase and refinance activity fall, despite inventory increases in many areas
Tagged: Mortgage Bankers Association (MBA)
Refinance apps slip while purchase apps gain ground; average purchase loan size heads down
Redfin’s latest data shows market shifts continue to favor buyers as sale prices peak, concessions grow, touring activity rises
Purchase and refinance activity stall; VA refinances reverse prior week’s gain
Purchase demand climbs to highest level since February 2023; VA refis jump 32%
Average refinance loan amount also rises, while purchase activity stays nearly flat
Higher rates, rising geopolitical conflict play a role; FHA refinances drive app activity
Bill applauded as ‘another important step forward’ that would curb 'abusive' trigger leads
NCRA President calls it “an untested experiment” that could exclude millions of creditworthy borrowers.
Purchase, refinance activity dropped, but remain well above last year’s levels, MBA reports