MBA: Mortgage applications decline further as refinances slide

MBA found that the refinance share of mortgage activity increased to 40.4% of total applications from 37.9%. The share of adjustable-rate mortgage applications decreased to 7.4%.

Mortgage applications fell 12 percent for the week ending October 19, according to data from the Mortgage Bankers Association.

Mortgage applications fell 5.8% on a seasonally-adjusted basis from one week earlier for the week ending December 14th, 2018, according to data from the mortgage bankers association’s (MBA.

Although purchase activity remains solid, a drop in refinances contributed to mortgage applications declining further for the week ending May 1, 2019, according to the Mortgage Bankers Association.

Meanwhile, mortgage applications continued to decline. According to the. was still up 84 percent and 6 percent for.

The Mortgage Bankers Association. led by a larger decline in government refinances compared to conventional refinances.". MBA’s weekly mortgage applications survey has been conducted since.

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Mortgage refinance applications rise as trade issues cause rate drop. according to the Mortgage Bankers Association.. Higher interest rates led to a 1.1% seasonally adjusted decline in mortgage applications compared with the previous week, according to the Mortgage Bankers Association..

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The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance. This page provides – United States MBA Mortgage Applications – actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage rates continued their month-long slide, according to data released Thursday. The market composite index – a measure of total loan application volume – dropped 0.5 percent. The refinance.

The rise in refinancing reflects a new move lower in mortgage rates as 30-year conventional fixed loans averaged 4.33 percent for a 7 basis point weekly decline. But it’s the decline in the purchase index, the second in a row, that is the headline in this report and one that will limit expectations for acceleration in the Spring home sales season.

Mortgage Market Update - January 24, 2019 Mortgage applications. a two basis point decline in thirty year fixed interest rate, bringing the rate down to its lowest since May 2015,” said Lynn Fisher, MBA’s Vice President of Research and.

Mortgage applications jump 21.7% on refinancing activity The refinance share of mortgage activity accounted for 40.5 percent of all applications. “Mortgage applications increased 2.4 percent last week and were 15.4 percent higher than a year ago, with.

The pace of mortgage applications picked up during the week ended April 13, ending a two-week slide. The Mortgage Bankers Association (MBA) reported its. but the refinancing share of activity.