Purchase demand climbs to highest level since February 2023; VA refis jump 32%
Tagged: Weekly Mortgage Applications Survey
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
Purchase, refinance activity dropped, but remain well above last year’s levels, MBA reports
Purchase and refinance apps both climb, with purchase demand now 20% higher than a year ago, MBA reports
Purchase, refinance activity dip despite slightly lower rates, though annual gains remain
Purchase activity up despite rising rates, but refinances see notable retreat
Purchase apps still 13% higher than a year ago, despite latest weekly slide
Purchase activity climbed more than 2% overall, while conventional refinance activity fell slightly last week, MBA reports
Refinance activity jumps 16% while purchase applications rise, signaling momentum in the housing market