Tagged: mortgage rates

Refinance activity claims highest share in months, MBA reports

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

Purchase and refinance activity stall; VA refinances reverse prior week’s gain

Fannie Mae’s Home Purchase Sentiment Index fell nearly four points in June

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

Trump-Musk breakup this week could have implications for federal economic policies as well as the housing and mortgage markets