Mortgage Applications Increased 1.6% as Rates Fell for a Second Week – Mortgage application volume increased 1.6% on an adjusted basis during the week ended March 15, as the average rate for a 30-year. increase in refinance applications, purchase activity was up only.
Mortgage rates were flat last week, and are improving just a little bit this morning. Rates.. Current Mortgage Rates for Monday, March 28, 2016. March 28, 2016.. Exports were up 2.0% following a 3.2% decline in January. Imports rose by 1.6% after falling by 1.6% in January.
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Adjustable rate mortgage loans account for 8% of all applications, unchanged from previous weeks. The MBA’s refinance index increased by 4% after falling by 4% in the previous week.
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USD MBA Mortgage Applications -4.3% . 11:30:. NY Fed’s GDP Nowcast ticks up to 1.6% for third-quarter By Eren. The EU is ready to grant a Brexit extension as Johnson faces growing criticism.
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Fannie Mae to Charge Strategic Defaulters, for Everything Fannie Mae to Charge Strategic Defaulters, for Everything. Fannie Mae is sifting through borrower data to determine who is strategically defaulting and who is not after announcing more efforts this week to crack down on those who walk away from their homes.
Mortgage applications tick up 1.6% for week as refis grow Euro HY also started to catch up with spreads 9bps tighter while the STOXX 600 notched up a +0.87% gain. Autos were up +1.41% and +1.23% in Europe and the US, respectively, seemingly on the news that China was looking to boost auto purchases this year.
Mortgage applications tick up 1.6% for week as refis grow This morning we’ve had the MBA’s application survey numbers from last week: up nearly 3% with refis jumping. are better a tick or two (32nds). Continuing its national expansion, Florida’s Hamilton. Your trusted source for mortgage banking news.
While the Fed’s magical money transmission mechanism in mortgages (and thus housing ‘wealth’) broke in the middle of last year, this last week’s move is a perfect summary of the sensitivity of whatever is left of the recovery. Mortgage rates rose a mere 5bps but this triggered a 7% plunge in refinancing activity.
The Market In 5 Minutes.. Bankruptcy for Puerto Rico is looking ever more likely as the clock ticks down toward a May 1. US MBA mortgage market applications 1.5% vs -1.6% prior;.