Housing Wire

MARCH 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.77% from 6.78%. Both the average contract interest rates for 30-year fixed-rate mortgages backed by the FHA and 15-year fixed-rate mortgages remained unchanged at 6.40% and 6.08%, respectively.

Fixed-rate mortgage 262

Fixed-rate mortgage Mortgages Loans VA loan 262

Housing Wire

DECEMBER 23, 2020

Borrowers looking to refinance their VA and FHA loans contributed to another uptick in mortgage applications for the week ending Dec. 18, according to the latest report from the Mortgage Bankers Association. Mortgage applications jumped 0.8%

Fixed-rate mortgage 538

Fixed-rate mortgage Mortgages FHA loan Loans 538

Housing Wire

FEBRUARY 19, 2025

While 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) saw interest rates decrease to 6.93% from 6.95%, interest rates for 30-year fixed-rate mortgages with jumbo loan balances increased to 7.03% from 6.96%. the week prior.

Fixed-rate mortgage 317

Fixed-rate mortgage Loans Mortgages Closing 317

Housing Wire

SEPTEMBER 20, 2023

15, mortgage applications rose 5.4% from the prior week , according to data from the Mortgage Bankers Association. Last week, purchase applications increased for both conventional and FHA loans but remained 26% lower than the same week a year ago. For the week that ended Sept.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages FHA loan Loans 476

Housing Wire

DECEMBER 6, 2023

Total home loan applications increased 2.8% 1 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage averaged 7.17% last week. The adjustable-rate mortgage (ARM) share of activity decreased to 7.4% for the week ending Dec.

VA loan 521

VA loan Mortgages FHA loan Fixed-rate mortgage 521

Housing Wire

MAY 26, 2021

The post Mortgage applications decrease 4% appeared first on HousingWire.

Fixed-rate mortgage 516

Fixed-rate mortgage Mortgages Loans Industrial 516

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

MARCH 24, 2023

There was also a slight reduction in the serious delinquency rate from Q3 to Q4, dropping from 0.68% to 0.65% by the end of the fourth quarter. Comparatively, the serious delinquency rate for Federal Housing Administration (FHA) loans was 4.4%

Fixed-rate mortgage 459

Fixed-rate mortgage VA loan FHA loan Loans 459

Housing Wire

JANUARY 13, 2021

The post New-year optimism reflected in mortgage applications jump appeared first on HousingWire.

Fixed-rate mortgage 514

Fixed-rate mortgage Mortgages Loans Industrial 514

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%. Department of Veterans Affairs (VA) loans grew significantly, rising by 250 bps to a share of 18.3%.

FHA loan 448

FHA loan Mortgages VA loan Fixed-rate mortgage 448

Housing Wire

FEBRUARY 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 7.00% from 7.03%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57% from 6.70%.

Fixed-rate mortgage 243

Fixed-rate mortgage Mortgages Loans Marketing 243

Housing Wire

MARCH 24, 2022

The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association. Conventional loans’ national median mortgage payment went from $1,582 in January to $1,749 in February.

FHA loan 518

FHA loan Fixed-rate mortgage Loan Officer Principal 518

Housing Wire

NOVEMBER 24, 2021

The trade group estimates the average contract 30-year fixed-rate mortgage for conforming loans ($548,250 or less) increased to 3.24%, four basis points higher than the previous week. For jumbo mortgage loans (greater than $548,250), it went to 3.28% from 3.26%. VA loans consisted of 10.3%

Mortgages 459

Mortgages VA loan FHA loan Fixed-rate mortgage 459

Housing Wire

OCTOBER 11, 2023

As the 30-year, fixed-rate mortgage hit 7.67% for the week ending Oct. 6, mortgage applications remained near historic lows. However, an uptick in adjustable-rate mortgage (ARM) applications edged total applications up slightly. Mortgage applications picked up 0.6% for the week ending Oct. from 14.5%

Loans 431

Loans VA loan FHA loan Mortgages 431

Housing Wire

JUNE 23, 2021

from 0.25 (including the origination fee) for 80% LTV loans. from 0.25 (including the origination fee) for 80% LTV loans. The post Mortgage applications rise again, despite rates jump appeared first on HousingWire.

Fixed-rate mortgage 457

Fixed-rate mortgage Mortgages Loans Construction 457

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

NOVEMBER 30, 2021

Regarding purchase activity, he said the increase in applications was driven by a 6% growth in conventional loans apps, which tend to be larger than government loans. The average loan amount increased to $414,700, the highest since February. For jumbo mortgage loans (greater than $548,250), it went to 3.27% from 3.28%.

Mortgages 418

Mortgages VA loan FHA loan Fixed-rate mortgage 418

Housing Wire

MARCH 17, 2021

The post Mortgage applications continue to fall as rates climb appeared first on HousingWire.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Construction 435

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

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages Loans As-is 476

Housing Wire

APRIL 21, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.2% The post Mortgage applications rebound following drop in rates appeared first on HousingWire.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Loans Industrial 488

Housing Wire

APRIL 28, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Loans Industrial 488

Housing Wire

MARCH 24, 2021

The post Mortgage applications dip as home prices climb appeared first on HousingWire.

Fixed-rate mortgage 497

Fixed-rate mortgage Mortgages Loans Land 497

Housing Wire

DECEMBER 22, 2021

of total mortgage applications, up from 63.3% VA loans comprised 11.5%, an increase of nine basis points. Meanwhile, the share of FHA loans remained unchanged at 9.6% The share of USDA loans was 0.5%. For example, FHA and VA refis jumped 4% and 12%, respectively. . on the previous week. in the period.

Mortgages 418

Mortgages VA loan FHA loan Fixed-rate mortgage 418

Housing Wire

OCTOBER 7, 2020

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) fell to 3.01% from 3.05%. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $510,400) fell to 3.31% from 3.33%.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Loans As-is 482

Housing Wire

MAY 12, 2021

The post Mortgage applications jump as rates fall to 2.96% appeared first on HousingWire.

Fixed-rate mortgage 468

Fixed-rate mortgage Mortgages Loans Industrial 468

Housing Wire

JULY 28, 2021

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. “With over 95% of refinance applications for fixed rate mortgages, borrowers are looking to secure a lower rate for the life of their loan,” Kan said Wednesday.

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Finance 397

Housing Wire

SEPTEMBER 6, 2024

That’s why we are not seeing much movement in rates.” For the same 30-year loan of $400,000, a mortgage originator in Texas on Friday quoted 6.35% for a Federal Housing Administration (FHA) loan and 5.5% Department of Veterans Affairs (VA) loan with no points or buydowns. Since the 10-year U.S

Mortgages 476

Mortgages VA loan FHA loan Fixed-rate mortgage 476

Housing Wire

MARCH 31, 2021

The average contract interest rate for 30-year fixed-rate mortgages decreased to 3.29% from 3.35% — the first decrease in three weeks The average contract interest rate for 15-year fixed-rate mortgages decreased to 2.71% from 2.72% The average contract interest rate for 5/1 ARMs increased to 2.85% from 2.79%.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages Loans Lending 459

Housing Wire

JANUARY 6, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 2.86% from 2.9% The post Mortgage applications drop over holidays appeared first on HousingWire.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Industrial 435

Housing Wire

APRIL 7, 2021

The post Rising rates push mortgage applications down for fifth week appeared first on HousingWire.

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 number of refinances decreased amid rising mortgage rates from 111,251 in the fourth quarter of 2022 to 78,445 in the first quarter of 2023.” The serious delinquency rate also decreased to 0.6%

VA loan 370

VA loan FHA loan Fixed-rate mortgage Principal 370

Housing Wire

JANUARY 10, 2022

The Federal Reserve has announced plans to gradually “taper” its supportive monetary policy: Net acquisitions of agency mortgage-backed securities are expected to cease by the end of March and the Federal Open Market Committee has signaled possibly three 25-basis point increases in the federal funds target by yearend 2022.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Housing Wire

MAY 19, 2021

The post Mortgage applications increase for second straight week appeared first on HousingWire.

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Industrial 397

Housing Wire

JUNE 5, 2024

The Federal Housing Administration (FHA) share of total applications increased to 13.2%, up from 12.7% The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased from 7.05% to 7.07%, with points increasing from 0.63 the week prior.

VA loan 480

VA loan Mortgages Fixed-rate mortgage Loans 480

Housing Wire

FEBRUARY 24, 2021

The post Texas storm deflates mortgage application numbers appeared first on HousingWire.

Fixed-rate mortgage 349

Fixed-rate mortgage Mortgages Loans Industrial 349

Housing Wire

OCTOBER 21, 2020

Fratantoni brought up this point, saying that short-term rates will stay at 0% at least until 2022 and said that we will see a very cautious Fed when it comes to raising rates from here. However, he forecasted that rates will steadily rise over the next year. Housing inventory and prices.

Mortgages 435

Mortgages FHA loan Fixed-rate mortgage Loans 435