Housing Wire

JANUARY 15, 2025

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%

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages FHA loan Loans 370

Housing Wire

FEBRUARY 12, 2025

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% on a seasonally adjusted basis in the latest MBA survey. of total applications from 39.0%

Fixed-rate mortgage 300

Fixed-rate mortgage Mortgages VA loan Loans 300

Housing Wire

MARCH 30, 2025

These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. Notably, the rate of multifamily delinquencies currently stands at under 1%, but it is at levels above the 2008 recession.

Fixed-rate mortgage 541

Fixed-rate mortgage Bankruptcy Loans Commercial 541

Housing Wire

JANUARY 20, 2025

This housing market is on hold until mortgage rates come down. We knew that mortgage rates over 7% were possible for the year, and here we are. I still expect well spend most of the year under 7% for the 30-year fixed rate mortgage , but until that happens, home sales are at a standstill.

Sales 397

Sales Mortgages Staging Fixed-rate mortgage 397

Housing Wire

APRIL 10, 2025

Americas housing market isnt just cooling its frozen in place. Millions of homeowners are locked into 23% mortgage rates and simply wont sell, creating a chain reaction thats grinding the entire system to a halt. But this isnt just a temporary side effect of high interest rates. And while U.S. Nearly two-thirds of U.S.

Design 286

Design Marketing Fixed-rate mortgage Finance 286

Housing Wire

JANUARY 22, 2025

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

FHA loan Fixed-rate mortgage Equity Mortgages 397

Housing Wire

JULY 14, 2021

After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The refinance share of activity of total mortgage applications increased to 64.1% The FHA share of total mortgage applications decreased to 9.5%

Fixed-rate mortgage 521

Fixed-rate mortgage Mortgages Loans Investor 521

Housing Wire

MARCH 3, 2021

Mortgage applications recovered slightly from last week , increasing 0.5% 26, 2021 according to the latest report from the Mortgage Bankers Association. That is despite the fact that the 30-year fixed rate experienced its largest single-week increase in almost a year, reaching 3.23%. for the week ending Feb. from 11.2%

Fixed-rate mortgage 546

Fixed-rate mortgage Mortgages Loans Industrial 546

Housing Wire

FEBRUARY 26, 2025

Mortgage applications decreased by 1.2% from last week on a seasonally adjusted basis, 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 38.9% of total applications from 38.7% the previous week.

Fixed-rate mortgage 243

Fixed-rate mortgage Mortgages Loans Marketing 243

Housing Wire

FEBRUARY 19, 2025

Mortgage applications decreased 6.6% from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. The refinance share of mortgage activity, which had been strong for the past few weeks, shrank to 38.7% of total applications from 40.2%

Fixed-rate mortgage 317

Fixed-rate mortgage Loans Mortgages Closing 317

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. Presented by: Black Knight.

Fixed-rate mortgage 529

Fixed-rate mortgage Mortgages Lending Renovation 529

Housing Wire

DECEMBER 9, 2021

Mortgage rates decreased one basis point to 3.10% in the week ending Dec. 9, remaining low and stable despite tighter housing supply and affordability, according to the latest Freddie Mac PMMS mortgage report. Economists at Freddie Mac said the 15-year fixed-rate mortgage averaged 2.38% last week, down from 2.39% the week prior.

Mortgages 516

Mortgages Fixed-rate mortgage Marketing Loans 516

Housing Wire

JUNE 16, 2021

After three straight weeks of declines , mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association. ” Purchase applications were also down 17% from a year ago, the start of the mortgage boom, Kan said. “ U.S. the previous week.

Fixed-rate mortgage 521

Fixed-rate mortgage Mortgages Loans Industrial 521

Housing Wire

DECEMBER 6, 2023

Falling mortgage rates last week brought increased demand. 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%

VA loan 521

VA loan Mortgages FHA loan Fixed-rate mortgage 521

Housing Wire

MARCH 26, 2025

Purchase applications saw a slight uptick even as overall mortgage applications decreased 2.0% from last week , according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025. The refinance share of mortgage activity decreased to 40.4% the week prior.

Fixed-rate mortgage 262

Fixed-rate mortgage Mortgages Loans VA loan 262

Housing Wire

OCTOBER 19, 2023

Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% Per Mortgage News Daily , mortgage rates touched 8.03% on Wednesday, up from 7.69% the previous week. By contrast, the 30-year, fixed-rate mortgage was at 6.94% a year ago at this time.

Fixed-rate mortgage 493

Fixed-rate mortgage Mortgages Construction Loans 493

Housing Wire

JANUARY 6, 2022

The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%. Rising mortgage rates have already begun to sap demand.

Fixed-rate mortgage 511

Fixed-rate mortgage Mortgages Lending Loans 511

Housing Wire

AUGUST 5, 2024

sent shockwaves through financial markets around the world on Monday. mortgage market , which has already seen big interest rate declines in the past week following a Fed meeting that teased forthcoming cuts to benchmark interest rates, along with a much weaker-than-expected jobs report. As of 11:08 a.m.

Mortgages 501

Mortgages Marketing Fixed-rate mortgage Loans 501

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept.

Mortgages 476

Mortgages Fixed-rate mortgage Marketing MLS 476

Housing Wire

JANUARY 20, 2022

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Mortgage rates moved up again as the 10-year U.S.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Lending Loans 482

Housing Wire

NOVEMBER 10, 2021

Mortgage rates fell below 3% in the week ending November 10, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage declined to 2.98% last week, falling 11 basis points from 3.09% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged 2.84%.

Fixed-rate mortgage 501

Fixed-rate mortgage Mortgages Closing Loans 501

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey.

Fixed-rate mortgage 493

Fixed-rate mortgage Mortgages MLS Investor 493

Housing Wire

AUGUST 19, 2021

The average 30-year fixed-rate mortgage declined slightly to 2.86% for the week ending in August 19, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates rose to 2.87% , after six consecutive weeks of mortgage rate declines.

Mortgages 516

Mortgages Fixed-rate mortgage Banks Finance 516

Housing Wire

DECEMBER 23, 2021

The average 30-year-fixed rate mortgage dropped to 3.05% during the week ending Dec. 23, after achieving 3.12% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.66%. Rising mortgage rates have already begun to sap demand.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Technology Closing 482

Housing Wire

DECEMBER 28, 2023

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 505

Fixed-rate mortgage Mortgages Finance Equity 505

Housing Wire

NOVEMBER 18, 2021

Mortgage rates strongly increased above 3% in the week ending November 18, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage hit 3.10%, up 12 basis points from 2.98% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.72%.

Fixed-rate mortgage 514

Fixed-rate mortgage Mortgages Loans Industrial 514

Housing Wire

SEPTEMBER 28, 2023

Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. By contrast, the 30-year fixed-rate mortgage was at 6.70% a year ago at this time. Other indices showed significantly higher mortgage rates this week.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Loans Investor 488

Housing Wire

OCTOBER 12, 2023

A coalition of trade associations — including the Community Home Lenders of America (CHLA), National Association of Realtors (NAR), and Independent Community Bankers of America (ICBA) — on Thursday called on the Biden administration to reduce the historically large spread between the 30-year mortgage rates and 10-year Treasuries.

Fixed-rate mortgage 542

Fixed-rate mortgage Mortgages Industrial Lending 542

Housing Wire

OCTOBER 7, 2021

The average 30-year-fixed mortgage rate slipped back down to 2.99% for the week ending Oct. The week before , rates had made it above the 3% mark for the first time since June. Mortgage rates typically move in tandem with the ten-year U.S. Treasury bonds and mortgage-backed securities.

Mortgages 501

Mortgages Fixed-rate mortgage Banks Development 501

Housing Wire

SEPTEMBER 30, 2021

The average 30-year-fixed mortgage rate rose 13 basis points to 3.01% for the week ending Sept. Mortgage rates had been roughly flat for seven weeks, and this is the first time it rose above 3% since June. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

Fixed-rate mortgage 505

Fixed-rate mortgage Mortgages Banks Loans 505

Housing Wire

FEBRUARY 8, 2024

Mortgage rates stabilized this week despite newly released economic data. The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, a slight increase from last week ’s figure of 6.63%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 468

Mortgages Fixed-rate mortgage Marketing Loans 468

Housing Wire

MARCH 24, 2022

Mortgage rates are approaching 4.5%, a level economists forecasted would not be reached until the tail end of 2022. And there’s good reason to believe mortgage rates will be in the 5% range before too long. That would push mortgage rates even higher, potentially into the 5% range. from the prior week.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Banks Loans 488

Housing Wire

DECEMBER 7, 2023

Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% The 30-year, fixed mortgage rate averaged 7.03% for the week ending Dec. 7, according to Freddie Mac ‘s Primary Mortgage Market Survey. by the end of 2024.

Mortgages 529

Mortgages Fixed-rate mortgage Investor Loans 529

Housing Wire

JANUARY 27, 2022

The average 30-year-fixed rate mortgage declined one basis point from the week prior to 3.55% during the week ending Jan. 27, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Sponsored Video. for the week ending Jan.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Banks Loans 482

Housing Wire

JANUARY 4, 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark. The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28 , according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 468

Fixed-rate mortgage Mortgages MLS Loans 468

Housing Wire

AUGUST 1, 2024

The average 30-year fixed-rate mortgage dropped to 6.62% on Thursday, a new low for 2024 that appears to be tied to the expectation that the Federal Reserve could move to cut interest rates at its next meeting in September. This is according to data reported by Mortgage News Daily.

Mortgages 518

Mortgages Fixed-rate mortgage Banks As-is 518

Housing Wire

SEPTEMBER 27, 2023

In the week following the Federal Open Market Committee ‘s meeting, mortgage applications sunk. 22, mortgage applications fell 1.3% from the prior week , according to data from the Mortgage Bankers Association. And the purchase market saw applications down 2% over the prior week and 27% behind last year’s pace.

Mortgages 468

Mortgages Fixed-rate mortgage Loans Marketing 468