Very slight increase in mortgage application volume this week

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Refinances composed 70.3% of all application activity, a slight 3% decline from the previous week as adjustable rate mortgages showed a slight increase in market share. The average contracted rate on a fixed 30-year mortgage rose to 4.8% for the week from 4.77% the previous week on an 80% loan-to-value mortgage.

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Mortgage rates soar to 7-year highs – I think in the short term that markets may think the Fed may be slower to raise rates in the future and we could get a slight improvement. a measure of total loan application volume – increased 2.9.

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WASHINGTON, D.C. (June 21, 2017) – Mortgage applications increased 0.6 percent from one week earlier, according to data from the mortgage bankers association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 16, 2017. The Market Composite Index, a measure of mortgage loan application volume, increased 0.6 percent on a seasonally adjusted basis from one week earlier.

An increase in purchase activity drove the week-over-week rise in mortgage application volume as homebuyers entered the market while interest rates fell, according to the Mortgage Bankers Association.. Mortgage applications decreased 4.3% from one week earlier although concerns over the.

Orlando Mortgages: A Little More About Mortgage Applications Mortgage Application Volume Hits 6-Week High: MBA | Newsmax.com – The Washington-based group said its index on mortgage requests rose 4.1 percent to 406.3 in the week ended Jan. 12, which was the highest since 408.3 in the dec. 1 week. average interest rates on 30-year conforming mortgages, or loans with loan balances of $453,100 or less, increased to 4.33 percent, up 10 basis points from the prior week.

Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.. MBA reports slight increase in mortgage applications Industry News. Thursday, June 22, 2017.

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