Housing Wire

JUNE 1, 2022

Mortgage apps dropped 2.3% for the week ending May 27, decreasing to the lowest level since December 2018, as measured by the Mortgage Bankers Association ’s (MBA) Market Composite Index. Purchase applications last week were 14% lower than last year, with more activity in the larger loan sizes, said Kan. The MBA expects 5.93

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages VA loan Loans 459

Housing Wire

DECEMBER 15, 2021

“Fewer homeowners have a strong incentive to refinance at current rates,” Joel Kan, the MBA’s associate vice president of economic and industry forecasting, said in a statement. The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($548,250 or less) remained unchanged at 3.30%.

VA loan 435

VA loan FHA loan Fixed-rate mortgage Loans 435

Housing Wire

DECEMBER 8, 2021

“Mortgage rates declined for the first time in a month, prompting a pickup in refinancing, with government refinances increasing more than 20% over the week,” Joel Kan, the MBA’s associate vice president of economic and industry forecasting, said in a statement. of total mortgage applications, down from 59.4% in the same period.

FHA loan 468

FHA loan Mortgages VA loan Fixed-rate mortgage 468

Housing Wire

SEPTEMBER 25, 2024

Mortgage rate declines appear to be having a positive impact on borrower demand as MBA data showed that the 30-year fixed rate declined for an eighth straight week, reaching 6.13%. Rising home prices are reflected in larger loan sizes. Adjustable-rate mortgages (ARMs) accounted for 5.9%

FHA loan 448

FHA loan Mortgages VA loan Fixed-rate mortgage 448

Housing Wire

NOVEMBER 4, 2020

With mortgage rates continuing to hover near record lows, mortgage applications jumped 3.8% last week according to a report from the Mortgage Bankers Association (MBA). The 30-year fixed mortgage rate remained essentially unchanged at 3.01 The VA share of applications increased to 12.2%

Fixed-rate mortgage 516

Fixed-rate mortgage Mortgages FHA loan Loans 516

Housing Wire

MARCH 17, 2021

Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. The continued increase in mortgage rates is to blame, according to MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan. from 11.1% the week prior.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Construction 435

Housing Wire

MARCH 10, 2021

. “Loan sizes moderated for the second straight week, which is potentially a sign that more first-time buyers are entering the market,” Kan said. “Signs of faster economic growth, an improving job market and increased vaccine distribution are pushing rates higher. The VA share of total mortgage applications decreased to 11.1%

Fixed-rate mortgage 448

Fixed-rate mortgage Mortgages Loans Industrial 448

Housing Wire

JUNE 9, 2021

Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association. Most of the decline in mortgage rates came late last week, with the 30-year fixed-rate mortgage declining to 3.15 the previous week.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages Loans As-is 476

Housing Wire

MARCH 24, 2021

“As both home-price growth and mortgage rates continue this upward trend, we may see affordability challenges become more severe if new and existing supply does not significantly pick up.”. That’s coupled with a rise in mortgage rates , too. The VA share of total mortgage applications decreased to 9.8%

Fixed-rate mortgage 497

Fixed-rate mortgage Mortgages Loans Land 497

Housing Wire

OCTOBER 7, 2020

Refinances continued to hover around two-thirds the share of mortgage activity as they increased to 65.4% The average loan size increased again to a new record at $371,500, as activity in the higher loan size categories continues to lead growth.”. The adjustable-rate mortgage (ARM) share of activity remained unchanged at 2.2%

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Loans As-is 482

Housing Wire

MAY 12, 2021

of total mortgage applications from 61% the previous week. The VA share of total applications also decreased, from 11.9% The post Mortgage applications jump as rates fall to 2.96% appeared first on HousingWire. That’s also around the time the COVID-19 pandemic began spreading throughout the country, he noted.

Fixed-rate mortgage 468

Fixed-rate mortgage Mortgages Loans Industrial 468

Housing Wire

SEPTEMBER 6, 2024

Mortgage rates remained flat following a jobs report on Friday that continued to show a cooling labor market. Mortgage rate pricing for homebuyers hasn’t changed significantly as lenders have already priced in a Federal Reserve rate cut of 25 basis points (bps) that is expected later this month, loan originators told HousingWire.

Mortgages 476

Mortgages VA loan FHA loan Fixed-rate mortgage 476

Housing Wire

JULY 28, 2021

Mortgage applications increased 5.7% for the week ending July 23, mostly on the back of fast-falling mortgage rates. And the 15-year rate fell to a record low last seen in 1990. Those ultra-low rates naturally resulted in a sharp uptick in refinancing activity. from 10.5%.

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Finance 397

Housing Wire

MARCH 31, 2021

The 30-year fixed rate also dropped, reported at 3.33% after seven weeks of increases – but it’s still almost half a percentage point higher than the beginning of 2021. Record-low inventory is pushing home-price growth at double the rate from a year ago, and even above the 10% growth rates seen in 2005,” Kan said.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages Loans Lending 459

Housing Wire

JANUARY 6, 2021

But mortgage applications dropped during the week ending Jan. The VA share of total mortgage applications increased to 13.6% The post Mortgage applications drop over holidays appeared first on HousingWire. 1 – an annual occurrence during the holiday season. That should change as the year progresses, Kan said.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Industrial 435

Housing Wire

APRIL 7, 2021

Mortgage applications decreased for the fifth straight week – this time down 5.1%, according to the latest report from the Mortgage Bankers Association. Refinance mortgage applications declined for the fifth straight week. However, the VA share of total mortgage applications increased to 13.38% from 10.3%

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Industrial 370

Housing Wire

OCTOBER 19, 2022

A doubling of 30-year fixed rate mortgage rates, shrinking profit margins and a risk of recession presents a challenging environment for independent mortgage banks (IMBs), but smaller IMBs are better positioned to weather challenges, claimed the Community Home Lenders of America (CHLA), a lobby group that represents smaller mortgage lenders.

VA loan 435

VA loan FHA loan Fixed-rate mortgage Banks 435

Housing Wire

JUNE 26, 2023

The serious delinquency rate also decreased to 0.6% at the end of Q1, “compared with 4.01% for Federal Housing Administration (FHA) loans, 2.26% for Veterans Affairs (VA) loans, and 1.73% for all loans (industry average),” the report said.

VA loan 370

VA loan FHA loan Fixed-rate mortgage Principal 370

Housing Wire

MAY 19, 2021

. “Ongoing volatility in refinance applications is likely if rates continue to oscillate around current levels,” Kan said. As a result, home prices and average purchase loan balances continue to rise, with the average purchase application reaching $411,400 — the highest since February.”. of total mortgage applications from 61.3%

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Industrial 397

Marco Santarelli

JANUARY 2, 2025

Mortgage rates have risen today, January 2, 2025, making it essential for potential homebuyers to stay informed and make smart financial decisions. As per the latest data from Zillow , the average 30-year fixed mortgage rate has climbed to 6.70% , while the 15-year fixed rate has increased to 6.10%.

Mortgages 98

Mortgages Fixed-rate mortgage Debt-to-income ratio VA loan 98

Housing Wire

MAY 5, 2022

According to Sam Khater, Freddie Mac’s chief economist, while mortgage rates are rising, house price appreciation will decline later in the year. Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009,” Khater said in a statement. from the previous week.

Mortgages 370

Mortgages VA loan Fixed-rate mortgage Banks 370

Housing Wire

AUGUST 23, 2023

Mortgage applications fell for the fifth consecutive week as the 30-year fixed-rate mortgage rose to 7.31%, its highest level since December 2000. For the week that ended August 18, mortgage applications fell 4.2% from the prior week , according to data from the Mortgage Bankers Association.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Investor 370

Housing Wire

AUGUST 7, 2023

Independent mortgage bankers use lines of credit to fund all of their loans and therefore must sell them promptly on the secondary mortgage market. The bottom line is that the secondary mortgage market is the platform that powers the entire mortgage ecosystem in the U.S.

Closing 370

Closing Fixed-rate mortgage Debt-to-income ratio Lending 370

Housing Wire

MAY 3, 2023

Mortgage applications fell last week by 1.2% on a seasonally adjusted basis compared to one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The 30-year fixed rate decreased five basis points to 6.5%

Mortgages 418

Mortgages Fixed-rate mortgage Banks Lending 418

Housing Wire

APRIL 19, 2023

As the banking crisis stabilized last week, mortgage rates increased, reducing borrower demand for home loans. However, with limited for-sale housing inventory, these higher rates are primarily challenging for potential first-time homebuyers. Overall, mortgage applications fell last week by 8.8% in the same period.

Mortgages 397

Mortgages Marketing Fixed-rate mortgage Loans 397

Marco Santarelli

MARCH 4, 2025

When the Fed lowers the federal funds rate, it can lead to lower mortgage rates. The market is constantly watching the Fed for clues about future rate adjustments. As of right now, the expectation is that interest rate cuts may not happen before the end of the year 2025. mortgage rates.

Mortgages 119

Mortgages Debt-to-income ratio VA loan FHA loan 119

Marco Santarelli

MARCH 2, 2025

Mortgage rates are a crucial aspect of home buying. As of today, March 2, 2025, mortgage rates are around 6.30% , marking a significant drop from earlier months due to shifts in the economic landscape. 15-Year Rates: These stand at about 5.60% , appealing for borrowers wanting lower long-term interest costs.

Mortgages 105

Mortgages Fixed-rate mortgage Loans Principal 105

Marco Santarelli

FEBRUARY 28, 2025

As of February 28, 2025 , mortgage rates are at their lowest levels this year. According to Zillow , the national average for a 30-year fixed mortgage is 6.31% , and the 15-year fixed rate is 5.61%. The 30-year fixed rate is currently 6.31%. The 15-year fixed rate has dropped to 5.61%.

Mortgages 96

Mortgages Fixed-rate mortgage Loans VA loan 96

Marco Santarelli

JANUARY 25, 2025

As of January 25, 2025, mortgage refinance rates are showing some interesting trends that could potentially benefit you. The market is certainly not what it was a couple of years ago with those rock-bottom rates, but its also not as high as it could be. So, if youre comparing rates, be sure youre looking at the correct ones.

Mortgages 69

Mortgages VA loan Fixed-rate mortgage Equity 69

Marco Santarelli

DECEMBER 31, 2024

As of December 31, 2024, mortgage rates have displayed a noteworthy decrease across various terms, bringing both hope and opportunity to prospective homebuyers and those considering refinancing their existing mortgages. 20-Year Fixed 6.48% -0.10 15-Year Fixed 6.03% -0.09 30-Year VA 6.08% -0.04

Mortgages 52

Mortgages Fixed-rate mortgage VA loan Finance 52

Marco Santarelli

DECEMBER 28, 2024

Understanding today's mortgage rates can be quite overwhelming, especially with all the fluctuations in the market. As of December 28, 2024, mortgage rates are showing a blend of stability and slight increases, which could impact potential buyers and homeowners looking to refinance.

VA loan 52

VA loan Mortgages Fixed-rate mortgage Loans 52

Marco Santarelli

FEBRUARY 26, 2025

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. So, yes, rates are down today, but keep those expectations in check.

Mortgages 93

Mortgages VA loan Debt-to-income ratio Fixed-rate mortgage 93

Marco Santarelli

MARCH 11, 2025

As of today, March 11, 2025, mortgage rates are showing signs of fluctuation, with the 30-year fixed interest rate increasing slightly to 6.34% , while the 15-year fixed rate has decreased to 5.62%. They directly affect monthly mortgage payments and the overall cost of purchasing a home.

Fixed-rate mortgage 52

Fixed-rate mortgage Mortgages VA loan FHA loan 52

Marco Santarelli

DECEMBER 22, 2024

Mortgage rates are a critical consideration for anyone looking to borrow money for a home. As of December 22, 2024, the average 30-year fixed mortgage rate has increased to 6.67% , marking its highest point since June 2024. Treasury Yields: The 10-year Treasury yield is a significant benchmark for mortgage rates.

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Debt-to-income ratio 52

Marco Santarelli

MARCH 16, 2025

Are you keeping an eye on mortgage rates today? For March 16, 2025, the news is that mortgage rates have seen a slight uptick. According to the latest data from Zillow, the average 30-year fixed mortgage rate has nudged up to 6.59% , an increase of 10 basis points.

Mortgages 52

Mortgages Fixed-rate mortgage Principal Loans 52

Marco Santarelli

MARCH 20, 2025

Are you keeping an eye on mortgage rates? As of March 20, 2025, the mortgage market is showing a slight upward tick , with rates inching up for the second consecutive week. Despite this recent bump, it's important to remember that rates are still more favorable compared to where they stood this time last year.

Mortgages 52

Mortgages Debt-to-income ratio Principal VA loan 52

RIS Media

SEPTEMBER 10, 2020

Freddie Mac recently released the results of its Primary Mortgage Market Survey ®, which showed that the 30-year fixed rate mortgage is averaging 2.86 Here’s the breakdown: 30-Year Fixed-Rate Mortgage. 15-Year Fixed-Rate Mortgage. Averaged 2.86 percent with an average 0.8

Mortgages 132

Mortgages Fixed-rate mortgage VA loan Loans 132