Very slight increase in mortgage application volume this week

Buyers Boosted Mortgage Application Volume Last Week. – Total volume is still down, however, 4.3 percent year-over-year. On the other hand, higher interest rates have kept the refinancing business very low. Mortgage applications to refinance a home loan fell 4 percent for the week – to the lowest level since December 2000. Refinance volume is nearly 21 percent lower than the same week one year ago.

Chase tries to carve out mortgage niche with millennials Former Fannie exec to lead Flagstar lending unit Former Fannie Exec to Lead Flagstar Mortgage Unit. CEO had been running unit. Aug. 2, 2017. By Mortgage Daily staff. A former Fannie Mae executive has been hired to run the mortgage business at Flagstar Bancorp Inc., freeing up the bank’s chief executive officer to run the company..

The Washington-based group said its index on mortgage requests rose 4.1 percent to 406.3 in the week ended Jan. 12, which was the highest since 408.3 in the Dec. 1 week. Average interest rates on 30-year conforming mortgages, or loans with loan balances of $453,100 or less, increased to 4.33 percent, up 10 basis points from the prior week.

The 15-year fixed rate averaged 3.57 percent, down 14 basis points from last week. The Mortgage Bankers Association reported an 8.9 percent increase in loan application volume from the previous..

Mortgage Apps See Slight Week-Over-Week Rise. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $417,500) was unchanged at 4.64 percent,with points decreasing to 0.34 from 0.39 (including the origination fee) for 80 percent LTVs. The effective rate decreased from last week.

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The 15-year fixed rate averaged 3.78 percent, down one basis point from last week. The Mortgage Bankers Association reported a 5.3 percent increase in loan application volume from the previous..

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People on the move: April 14  · As the temperatures begin to heat up, so does Houston’s real estate market. According to the May MLS report released by HAR (Houston Association of Realtors), April single-family home sales saw.

USDA loan applications increased to 0.5 percent from 0.4 percent the previous week, still an unusually small share. The average loan size was 314,500 and the average purchase mortgage loan was.

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Mortgage applications increased last week but unlike the prior period, "Rates for most loan types were at their lowest levels in over a year, with the. purchase activity was up only slightly last week and from a year ago.".

U.S. mortgage application volume falls by 2.1%. The refinance index dropped 3%, while the seasonally adjusted purchase index fell 1%. The average rate on 30-year fixed-rate mortgages with conforming loans grew to 4.52% from 4.47% the previous week. Rates on 30-year fixed-rate mortgages with jumbo-loan balances increased to 4.41% from 4.37%.