Fixed-rate mortgage Residential VA loan 
Housing Wire
MAY 25, 2022
“Currently, higher rates, low inventory, and high prices are keeping prospective buyers out of the market.”. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) marginally fell to 10.4% and the Veterans Affairs (VA) loans fell to 10.4%
Housing Wire
JUNE 1, 2022
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($642,000 or less) fell to 5.33% from 5.46% in the prior week. According to the MBA, the adjustable-rate mortgage (ARM) share of activity dipped to 8.7%, the FHA share of all applications fell to 10.8%
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Housing Wire
SEPTEMBER 25, 2024
Department of Veterans Affairs (VA) loans grew significantly, rising by 250 bps to a share of 18.3%. Adjustable-rate mortgages (ARMs) accounted for 5.9% The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $766,550 or less dropped by 2 bps to 6.13%.
Housing Wire
MARCH 16, 2022
Interest in residential mortgages fell 1.2% for the week ending March 11 as mortgage rates rose to their highest levels since May 2019, according to the Mortgage Bankers Association ‘s latest survey. That’s led to a significant decline in refinance activity, both for conventional and government loans.
Housing Wire
JUNE 8, 2022
The average contract interest rate for 30-year-fixed-rate mortgages with conforming loan balances ($642,000 or less) rose to 5.40% from 5.33%. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $647,000) rose to 4.90% from 4.93%.
Housing Wire
MAY 4, 2022
The uptick, as measured by the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index, was propelled primarily by purchase-application activity, as rates remain elevated, hovering in the low 5% range and a drag on refinance volume. a week earlier, and the share of VA applications rose slightly to 10.3%
Housing Wire
APRIL 19, 2023
This was a reversal of the previous week’s trend, when homebuyers’ loan demand increased by 5.3%. retail residential mortgage applications. “Last week’s increase in mortgage rates prompted a pullback in application activity.
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