Contracts Inventory Mortgage Retail 
Housing Wire
APRIL 6, 2022
Interest in residential mortgage loans fell 6.25% for the week ending April 1 as rates jumped yet again , ever nearer to 5%, according to the Mortgage Bankers Association ‘s latest survey. Additionally, home price appreciation and insufficient for-sale inventory are holding back purchase activity. .
Housing Wire
APRIL 13, 2024
Mortgage rates headed higher last week after the CPI inflation report , but now, with news of a wider war in the Middle East, should we expect even higher rates? 10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The week ahead will answer some of those questions early on.
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Housing Wire
JANUARY 19, 2023
While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. The report noted that “most bankers reported that residential mortgage demand remained weak.” In other markets, inventory growth accelerated substantially from the previous report.
Housing Wire
JUNE 8, 2022
Mortgage application volume for the week ending June 3 dropped 6.5%, sliding to the lowest level in 22 years, driven by weakness in purchase and refinance applications. Purchase mortgage rates, after hitting a 13-year high of 5.27% in May, fell for three consecutive weeks, according to the Freddie Mac PMMS. year over year. .
Housing Wire
MAY 25, 2022
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% The decline, as measured by the Mortgage Bankers Association ’s (MBA’s) Market Composite Index, continued to be led by a drop in the refinance share of mortgage activity, which has been consistent for more than two months. .
Housing Wire
APRIL 26, 2023
Higher mortgage rates did not scare away potential homeowners last week. Plenty of buyers, but not enough homes for sale,” California-based mortgage loan officer Dan Stone, who works with hundreds of mortgage lenders, told HousingWire. The latest Mortgage Bankers Association (MBA) report confirms Stone’s perceptions.
Housing Wire
SEPTEMBER 7, 2022
Demand for mortgage loans declined last week as the markets continue to exert pressure on rates. With the 30-year fixed-rate hovering above the 6% level again , there’s no sign of a rebound in applications yet, despite a robust job market and growing housing inventory. Refinance share of all mortgage activity increased to 30.7%
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