Mortgage applications fall on declining refinance activity

The decline in mortgage activity stemmed from decreases in applications for refinancing and purchasing a home.. home loan declined 5.7 percent to 1,269.1 in its steepest weekly fall since.

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5 days ago · With mortgage applications falling, auto sales declining, and rising rates. These pressures tend to lead to less economic activity and eventually a decline.

The Mortgage Bankers Association reported today that applications. last week’s decline was led by a fall in purchase-money mortgages — that is, home loans related to the purchase of a house as.

MBA: Refinance applications continue to decline Refi applications fall 1.6% from previous week. March 21, 2018.. The refinance share of mortgage activity fell again, continuing to drop past its.

Mortgage applications fall again The decline is the fourth in as many weeks. refinance share of mortgage activity down 1.1 percent to 49.0 percent of total applications. The adjustable-rate.

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 · U.S. mortgage applications fall less than 1 percent ( 0 ) WASHINGTON, Oct. 23 (UPI) — U.S. mortgage activity dropped less than 1 percent last week, the Mortgage. / NEW YORK (Reuters) – U.S. mortgage applications decreased last week as most home borrowing costs were unchanged to slightly higher, the Mortgage.

Mortgage applications fall 6.7% on declining government loans Refinance activity hits 3-year high, mortgage applications edge up Kerri Ann Panchuk was the Online Editor of, and.

Mortgage applications fall, as refinancing hits 20-year low Diana Olick.. The refinance share of mortgage activity decreased to 37.2 percent of total applications from 37.6 percent the previous.

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Refinancing activity plunges to the lowest level since 2000. On its way to 5% and higher: The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment rose to 4.84% for the week ending September 7, 2018, the Mortgage bankers association (mba) reported this morning.

Mortgage applications decline on weaker refinance activity. mortgage applications declined for the second week in a row after refinance activity dropped sharply on rising rates, the Mortgage Bankers Association (MBA) reported Wednesday. Applications were off 4.6 percent driven by an 8 percent decline in refinance applications.