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Lowest mortgage rates in months create surge in applications

Housing Wire

Mortgage applications increased 20.4% from one week earlier on a seasonally adjusted basis as buyers pounced on lower rates , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. ” The refinance share of mortgage activity increased to 43.8%

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Mortgage applications drop after weeks of growth

Housing Wire

Mortgage applications decreased 6.2% That’s according to the latest data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 14, 2025. The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% the previous week.

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Mortgage applications up 33.3% from holiday week

Housing Wire

With an adjustment for the New Year’s holiday, mortgage applications increased 33.3% from one week earlier, according to the Mortgage Bankers Association s (MBA) weekly mortgage applications survey, released today. The share of refinance mortgage activity increased to 42.7% Bond yields in the U.S. from 16.2%

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Struggling homeowners often don’t understand escrow

Housing Wire

Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. Almost half (44%) of respondents also said they would experience hardship if their mortgage payments increased.

FHA loan 397
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We just had the strongest refi week in months

Housing Wire

Mortgage applications increased 2.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association s (MBA) weekly mortgage applications survey for the week ending January 31, 2025. The refinance share of mortgage activity increased to 39.0% FHA applications saw a decrease to 16.2%

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Slightly lower mortgage rates fuels strong refi activity

Housing Wire

Mortgage applications increased 2.3% The Mortgage Bankers Association ‘s market composite index increased 6% on an unadjusted basis compared with the previous week. The refinance share of mortgage activity increased to 40.2% The FHA share of total applications decreased to 16.0% of total applications from 39.0%

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Refinance wave boosts mortgage applications 3.8%

Housing Wire

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 drop in rates spurred an uptick in demand for refinances,” Kan said. Mortgage rates continue to hover at record lows this fall.