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MBA: Mortgage applications fall nearly 10%. Economic concerns and uncertainty around the government shutdown drove rates lower. January 3, 2019, 7:00 am By Alcynna Lloyd. Share On.
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Mortgage Applications Jump Nearly 10% – Appraisal Buzz By CNBC News Posted To: MND NewsWire Homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving total mortgage application volume 9.9 percent higher last week.
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Total mortgage application volume dropped 9.8 percent at the end of last week from two weeks earlier, according to the Mortgage Bankers Association’s seasonally adjusted index. The results included an adjustment for the Christmas holiday. Volume was 21 percent lower than a year ago and the lowest level in 18 years.
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Weekly mortgage refinances jump 10% as rates drop to the lowest level since August.. rate-sensitive refinance applications jumped 10% from the previous week and were 163% higher than the same week one year ago. The refinance share of mortgage activity increased to 60.4% of total applications.
Mortgage applications leap nearly 10% 10:17 AM ET Wed, 13 sept 2017 homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving mortgage application volume 9.9..
WASHINGTON, D.C. (April 13, 2016) – Mortgage applications increased 10 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 8, 2016. The Market Composite Index, a measure of mortgage loan application volume, increased 10 percent on a seasonally adjusted basis from one week earlier.